Podcasts about live for today

This week on Classic Vinyl Podcast, Justin and Tyler listen to and review what is probably The Grass Root's most well known song, Let's Live For Today. The band is somewhat faded from popularity in recent years, so give them a listen and let us know what you think!

Michael Cannivet, CFA, is the founder, president, and chief investment officer of Silverlight Asset Management, LLC, an RIA based in Newport Beach, California, that serves high-net-worth private clients. Mr. Cannivet has been a Forbes contributor since 2017 and Forbes Books recently published his latest book, The Four Minute Retirement Plan: Preserve Your Past, Secure Your Future, Live For Today. The book debuted as the #1 new release for the money management category and is endorsed by several top industry practitioners, including Ken Fisher, Joel Greenblatt, Keith McCullough, and Vincent Deluard. Listen to this insightful RIA episode with Michael Cannivet about investing insights. Here is what to expect on this week's show: - How it's important to invest by focusing on supply and demand dynamics and investor psychology. - Why active investing and a tailored, original approach is the key to outperforming market prices. - How Silver Light Asset Management crafts personalized narratives that align with their client's core values and life goals - How there are four essential components to retirement planning: savings, investing, lifestyle, and legacy. - Why risk management is the cornerstone of successful investing, especially during volatile market conditions. Connect with Michael: Links Mentioned: silverlight.us Learn more about your ad choices. Visit megaphone.fm/adchoices

It gets confusing to me how I should be living in the moment, but still need to plan for the future. Russ & I discuss our perspectives on this. Good thing we are a balance. Can you guess who lives for today & who lol and for tomorrow??? Thoughts from the Tractor.

In the UK, many younger people are reaching key life events later than previous generations. On average, people aren't buying their first home until they're 34, the highest age in decades. And the average age to get married has gone up to 32.  Those big life events can be triggers for sorting out your finances. So people are also often putting off important decisions like getting life insurance, considering income protection and saving a bit of extra money into their pension pots. Our host Kia Commodore chats with Koren Byrne from Legal & General. They talk about our recent research, the impact on younger people's financial wellbeing and what you can do. You can play the podcast and find other useful content on Legal & General's website: https://www.legalandgeneral.com/podcasts/a-little-bit-richer  You can find out a little bit more about Protection products here:  https://www.legalandgeneral.com/insurance/ Kia and her guests share their own personal thoughts and opinions in this podcast. These might be different from Legal & General's take on things. They give financial guidance for a UK audience that's relevant at the time of recording. It's general best practice, not the kind of personalised advice you'd get from a financial adviser.See omnystudio.com/listener for privacy information.

Yo-ville! Here's episode #84 of The Allergies Podcast. We opened the show with our brand new track, ‘One Time', featuring Dynamite MC. Then followed it with classics from Gang Starr and a Tune of The Month from K.O.G with ‘Live For Today'.  Plus, our guest was Gu from Our Label / Origu Records. He stopped by to talk about his new amazing new ‘DJs Choice' and ‘Our Label Records Vol 1' LP compilations on Unique Records. Before dropping off a mixtape taster of what you lucky listeners can expect. Enjoy!

What do Americans prefer? Embrace your natural rhythm.

The exuberant and delightful Molly Stillman is here!! Delving into literature and life lessons, we explore the profound themes of resilience, forgiveness, and the beauty found amidst life's trials. The conversation opens with a nod to Kristin Hannah's The Nightingale, The Great Alone, and The Women, igniting a discussion on historical fiction and the power of storytelling. From there, they reflect on personal experiences, including Molly's journey and her mother's journey through moments of misrepresentation and the invaluable lessons learned from her mother about identity and integrity. Molly shares poignant anecdotes, illustrating the strength found in forgiveness and the transformative nature of compassion and empathy. Her story resonates deeply as she navigates loss, adversity, and the enduring power of hope. As the episode unfolds, listeners are reminded of the importance of embracing each moment, fueled by the realization that tomorrow is never promised. Through Molly's wisdom, we learn that maturity lies in accepting life's unfairness while finding solace in the redemptive potential of every situation. Ultimately, this conversation serves as a beacon of hope, reminding us that amidst life's complexities, there is always room for forgiveness, redemption, and unwavering joy. Join Ginny and Molly on this journey of introspection, and discover the profound beauty in living for today, regardless of what tomorrow may hold. Plus, enjoy a special song at the very end!!! ** Purchase your copy of If I Don't Laugh, I'll Cry here >> https://amzn.to/494kKNG Learn more about Molly here >> https://www.stillbeingmolly.com/ And on Instagram @stillbeingmolly ** Download your free 1000 Hours Outside tracker here >> https://www.1000hoursoutside.com/trackers Find everything you need to kick off your 1000 Hours Outside Journey here >> https://www.1000hoursoutside.com/blog/allthethings Order of copy of Ginny's newest book, Until the Streetlights Come On here >> https://amzn.to/3RXjBlN Learn more about your ad choices. Visit megaphone.fm/adchoices

The Grass Roots had a string of hits in the 1960s including “Midnight Confessions”, “Let's Live For Today”, “Temptation Eyes”, “Sooner Or Later” and “Wait A Million Years”. Rob Grill was the original leader of the band. Mark Dawson now carries on the tradition of The Grass Roots.My featured song is “This Time” from my album Bobby M and the Paisley Parade. Spotify link. ---------------------------------------------The Follow Your Dream Podcast:Top 1% of all podcasts with Listeners in 200 countries!For more information and other episodes of the podcast click here. To subscribe to the podcast click here.To subscribe to our weekly Follow Your Dream Podcast email click here.To Rate and Review the podcast click here.“Dream With Robert”. Click here.—----------------------------------------“MILES BEHIND”, Robert's first album, was recorded in 1994 but was “lost” for the last 30 years. It's now been released for streaming. Featuring Randy Brecker (Blood Sweat & Tears), Anton Fig (The David Letterman Show), Al Foster (Miles Davis), Tim Ries (The Rolling Stones), Jon Lucien and many more. Called “Hip, Tight and Edgy!” Click here for all links.—--------------------------------------‘THE SINGLES PROJECT” is Robert's new EP, featuring five of his new songs. The songs speak to the ups and downs of life. From the blissful, joyous “Saturday Morning” to the darker commentary of “Like Never Before” and “The Ship”. “This is Robert at his most vulnerable” (Pop Icon Magazine)Reviews: “Amazing!” (Top Buzz Magazine)“Magical…A Sonic Tour De Force!” (IndiePulse Music)“Fabulously Enticing!” (Pop Icon Magazine)“A Home Run!” (Hollywood Digest)Listener Reviews:Saturday Morning:”A neat and simply happy song!””It's so cute and fun. It's describing a world I wish I lived in every day!”Like Never Before:”Great message!””Great song, very perceptive lyrics!”Click here for all links.—--------------------------------------“IT'S ALIVE!” is Robert's latest Project Grand Slam album. Featuring 13 of the band's Greatest Hits performed “live” at festivals in Pennsylvania and Serbia.Reviews:"An instant classic!" (Melody Maker)"Amazing record...Another win for the one and only Robert Miller!" (Hollywood Digest)"Close to perfect!" (Pop Icon)"A Masterpiece!" (Big Celebrity Buzz)"Sterling effort!" (Indie Pulse)"Another fusion wonder for Project Grand Slam!" (MobYorkCity)Click here for all links.Click here for song videos—-----------------------------------------Audio production:Jimmy RavenscroftKymera Films Connect with Mark:www.markdawson.us Connect with the Follow Your Dream Podcast:Website - www.followyourdreampodcast.comEmail Robert - robert@followyourdreampodcast.com Follow Robert's band, Project Grand Slam, and his music:Website - www.projectgrandslam.comYouTubeSpotify MusicApple MusicEmail - pgs@projectgrandslam.com

     You can sitll have inner peace, even if you fail. ------------------------------------------------------------

Thank you for connecting with Pathway Church online. We are so excited you are watching with us. If you're in the Longview, Texas area, we invite you to join us in person every Sunday for a brand-new Worship Experience at 8:15am, 10am, and 11:45am; we can't wait to meet you! Do you consider Pathway Church online as your church home? We would love to connect with you. Text "mypathwayconnect" to 94000 to complete a digital connection card. Website: https://www.mypathway.church/ Facebook: https://www.facebook.com/mypathwaychurch/ Instagram: https://www.instagram.com/mypathwaychurch/?hl=en iTunes: https://itunes.apple.com/us/podcast/pathway-church-podcast/id479119724?mt=2 Pathway Church 913 W Loop 281, Suite 101 Longview, Texas 75605 #pathwaychurch #longviewtx

Life is so fragile. The moments of today will never be experienced on this day once tomorrow shows up. Have you forgotten how to live in today? Have you forgotten how important and precious your today is? Listen in on today's episode as I'Wanna discusses the importance of living for today.

CLICK HERE FOR A FREE COUPON TO PETER'S STRATEGIC MICROECONOMICS ONLINE COURSE TO LEARN MORE ABOUT SOME OF THE CONCEPTS IN THIS POST It was a bullish week for economic news – and a mildly bullish week for both stocks and bonds. My own theory is that in a post-pandemic age where more of us may have looked death in the eye or prematurely lost a friend or loved one, consumers have embraced what economists call a higher “discount rate.”  In this new “live for today for tomorrow we die” view in an old Epicurean bottle, a higher discount rate means consumers will tend to spend more in the present and save less for the future. Collectively, this helps lead to the kind of strong consumer demand we continue to witness despite relatively low consumer confidence by historical standards. LISTEN TO THE PODCAST TO LEARN WHY THIS IS LIKELY UNSUSTAINABLE.

On this Podcast Steven talks about finances, UPS upcoming contract, & going to massage parlors.

Do you really, truly live for each day? Or does your mind travel back and forth from past to the future? In this episode, I'll talk about:What prevents you from living in the present momentWhat happens when you cultivate more presenceHow to use the past to live more fully each dayThanks for listening!Free & awesome mini-class! "3 Ways to Reduce Stress TODAY"Visit the Lisa Schwaller Coaching Website to learn more, sign up for my email list, or get links to follow me around the internet. © 2023 Lisa Schwaller

Let us get a better understanding on being good stewards of God's gifts and strengths to bring change to this world. Don't miss this episode by Saving Grace now!

Let us get a better understanding on being good stewards of God's gifts and strengths to bring change to this world. Don't miss this episode by Saving Grace now!

Earth has some great things to offer, but nothing that satisfies. You can accomplish great things, meet interesting people, and acquire commodities. But your spirit's cravings won't stop. Your spirit was made by God, for God, to need God. Simply put followers of Jesus should long for Him. For His word, His voice, His presence. Listen in as Pastor Joe closes out this series of Trending Truths.

The KIT Ladies are spilling the Tea for Women's History Month. This episode features special guest, Candice Tiffany Gordon. Listen in as Candice shares the highlights of being an Entertainer and her personal artistry in music, drama, acting, and dance. This creative DC native beams with energy, courage, commitment, and LOVE for Life! Hear her many ways of paying the rent, owning AirB&B's, and enjoying the craft that she shares whenever there is an opportunity. Candice Tiffany Gordon is making History! --- Send in a voice message: https://podcasters.spotify.com/pod/show/venita-r-mitchell/message Support this podcast: https://podcasters.spotify.com/pod/show/venita-r-mitchell/support

What if you knew when you were going to die? Would you change the way you live? Would you make different choices that reflect the fact that you now KNOW your time is limited? Author & Leadership Coach Eric Winters shares with us the hard, cold fact that our time is indeed, limited...whether we'd like to acknowledge that or not...it is, in actuality, the fact. Eric prompts us to acknowledge this truth so that we can start to embrace life today rather than waiting for that moment when our time is cut short with a death sentence or we wake up due to a traumatic experience. You have the power to make this decision NOW and live your most fulfilled life by getting clear on the reality that every single minute of life is a gift and worth our attention and gratitude. More from Eric Winters:  Visit: https://www.ericwinters.com.au Get his book: Swipe Right On Your Best Self Check out his workshop offerings LinkedIn: Eric Winters Facebook: Eric Winters Course: THE GRATITUDE BUNDLE -70% OFF Join me here:  Intuitive Creators Academy & Collective Instagram: @intuitivecreators  @thebarsi BE BOLD & KEEP CREATING!   Music Credit & Licensing: Upbeat by Jon Luc Hefferman - Production Music This work is licensed under the Creative Commons Attribution-NonCommercial 3.0 Unported License. To view a copy of this license, visit http://creativecommons.org/licenses/by-nc/3.0/ or send a letter to Creative Commons, PO Box 1866, Mountain View, CA 94042, USA.

Shiur given by Rabbi Menachem Apter on Apt Inspiration On The Parsha. Shiur recorded in Yeshivas Ohr Reuven, Monsey, NY.

As I enter a new chapter of life and welcome my 30's, I decided to reflect on 10 lessons from my 20's that have guided me to where I am today and will continue guiding me in the future. It is my desire that these lessons serve to be useful for people in their current seasons of life regardless of the decade. In addition, It is my desire that this serves as a lesson to everyone to reflect on life and understand what has occurred for them as lessons to grow from! My ten lessons:Create time for yourselfDon't take anyone at face value Your gut is your second brain - don't doubt itIf something won't upset you 5 minutes or 5 days from now; leave itDon't chase titles, chase impactSystems > GoalsDon't set yourself on fire to keep others warmGive, Give, GiveSuccess has no prerequisites - you own your successBeing genuine always winsConnect with Me!InstagramWebsiteLinkedInJoin Champion Tribe!Seeking To Become An Author? Check Out Scribe Media - Use My Link!Episode References:Happiness Sprints - Win Today Podcast Ft. Lauren WidrickDon't Set Yourself on Fire To Keep Others Warm

Welcome to the 100th episode of Tony Talks Wealth! Listen to Tony talk to wealth experts from many of his recently published podcasts and share their wisdom on the question that Tony asks all his guests ; What does wealth mean to you? Sign Up Now For These Exclusive Podcasts and MORE Tony Talks Wealth Content at https://www.patreon.com/TTWealth   GUESTS Steve Conley Bev Jones Kristina Wise Fanny Snaith Angel Ribo Jim Meulhhausen Rick Heyland Joseph Wilkins Dr Clemen Chiangmai EA Csolkovits BEST MOMENTS‘The three kinds of wealth, financial wealth, health, and social wealth. Entrepreneurs are terrible about two of those three! They are! They work too much, they don't have work-life balance.'‘Work hard is the secret ingredient that surpasses everything from your I.Q. to your E.Q. to your family background if you are willing to work hard.' ‘It's balanced and successful in all areas of my life and focusing on the most important things, whether it be spiritual, my health and fitness, my relationships or my work and finances. Those are the four buckets that I generally think about.' ‘I am a multi-millionaire when it comes to my life. Really, I am. When it comes to the most amazing family, the most amazing friends. I'm so fortunate that I've got good health, and my family has got good health.VALUABLE RESOURCESTony Talks Wealth - https://omny.fm/shows/tony-talks-wealth  Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth  ABOUT THE HOSTTony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  “Live For Today, Invest For Tomorrow”CONTACT METHODTony's official website: https://ttwealth.co.uk/Facebook: https://www.facebook.com/TonyThomas.IFA/LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Individual Savings Accounts (ISA) are a great way of saving and minimising the amount of tax you have to pay on your investment returns. Tony talks about the different kinds, how they work and how they can benefit you and your Investment Plan.KEY TAKEAWAYS Some ISA's give you instant access to your money and can be used to plan your finances in the short term. You can also invest in an ISA for the future. If you are a UK resident over the age of 18 you can open up one of each kind of ISA over the tax year. Cash ISAs do not invest in the stock market and the investment relies on interest rates. It can act as an emergency access fund for expenses. Stocks and Shares ISAs is a tax efficient investment that allows you to invest your money in shares, government bonds or property with the assurance that you won't pay any capital gains tax or income tax on the proceeds.  The Innovative Finance ISA. It allows you to lend money through peer to peer lending platforms to allow you to receive tax free interest and capital gains. BEST MOMENTS‘In the current tax year 2022/23 you can put £20,000 into your tax efficient ISA before the end of the financial year on the 5th April.'‘The main factors to consider when choosing between a cash ISA and a stocks and shares ISA are the length of time you'll be saving or investing.' ‘Peer to peer lending is a higher risk form of investing and your capital is completely at risk as there is no protection from the Financial Services Compensation Scheme.' VALUABLE RESOURCESTony Talks Wealth - https://omny.fm/shows/tony-talks-wealth  Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth  ABOUT THE HOSTTony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  “Live For Today, Invest For Tomorrow”CONTACTTony's official website: https://ttwealth.co.uk/Facebook: https://www.facebook.com/TonyThomas.IFA/LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Risk tolerance is one of the biggest factors in your investment decision process. Tony talks about how to decide how much risk to take depending on your circumstances, goals and individual comfort level when it comes to risk.KEY TAKEAWAYS Consider how you would feel if your investments lost money in the short term. If this makes you anxious, you may be significantly risk averse. If you are comfortable with this circumstance, however, you may be able to take on more risk. Understanding if you are comfortable with volatility or stability and slower growth will help you decide which investments to make and over what time period. There is no such thing as a no risk investment but manage it by diversifying over the long term. BEST MOMENTS‘Your potential returns available from different kinds of investment and the risk involved change over time as a result of economic, political and regulatory developments.' ‘Volatility is a measure of how much prices fluctuate over time. Investments that are more volatile have bigger ups and downs in value, while less volatile investments will have slower steadier price increases.'‘An interest rate risk is a particular risk for bond holders. We all have our own individual risk tolerance, and it's important to establish what that is.'VALUABLE RESOURCESTony Talks Wealth - https://omny.fm/shows/tony-talks-wealth  Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth  ABOUT THE HOSTTony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  “Live For Today, Invest For Tomorrow”CONTACTTony's official website: https://ttwealth.co.uk/Facebook: https://www.facebook.com/TonyThomas.IFA/LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Matt and Jason are back in the studio to kickoff a series on 'The Five Marks of a Man' focusing on Mark #1 - VISION.

Investing can be a very complicated and confusing process, especially for those who are new to it. There are so many options and strategies out there and it can be difficult to know where to start. Having a clear understanding of what you are hoping to achieve and your current finances is essential before you start to decide how you are to move forward toward your goal. Tony talks about how you can achieve this.   KEY TAKEAWAYS Cash Flow Modelling (CFM) is a powerful tool that can help you take control of your finances and move toward your investment objectives. With CFM you can clearly understand your financial situation, identify any areas where you may be overspending, discover opportunities to save, make more informed decisions about investments and set realistic goals. CFM provides a detailed picture of your investments, debts, income and expenditure. This system creates different scenarios based on future decisions you may make and illustrates the effect they will have on your finances. You will need periodic checks to ensure that your plan is on track and make any necessary alterations. BEST MOMENTS ‘By creating a model of your income and expenditure you can see exactly where your money is going and make informed decisions on how best to manage your resources.' ‘The process shows your current position relative to your preferred position and your goals by assessing your current and forecast wealth along with income inflows and expenditure outflow.' ‘A snapshot in time is taken of your finances with calculated rates of growth, income, tax and so on.'   VALUABLE RESOURCES   Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST   Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, and Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT   Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedInSee omnystudio.com/listener for privacy information.

Goals based investing is a great way to make wise financial decisions when you are overwhelmed by the choice in investment options. Tony talks about how to navigate the myriad of investment products available today by clarifying what you are really aiming for in the future.KEY TAKEAWAYS A variety of financial goals such as retirement, home purchases or saving for a child's education can be specified specifically to make choices on investments. Focus on the long term. You are less likely to make impulsive, short term decisions. Have a disciplined approach to investing to avoid spoiling your progress with spending sprees and costs. When you have a concrete set goal you have increased motivation. Set yourself realistic goals.  BEST MOMENTS‘Goals should be clear, concise, detailed and written down because, remember, unwritten goals are just wishes.'‘In order to achieve all of your goals you will need a plan. Starting from assets you already have available, you will need to determine how much more you will need to accumulate and when you will require it.'‘Decide what you want to achieve. This may seem obvious but it is important to take the time to really think about your goals.' ‘Give yourself realistic deadlines.' VALUABLE RESOURCESTony Talks Wealth - https://omny.fm/shows/tony-talks-wealth  Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth  ABOUT THE HOSTTony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.  “Live For Today, Invest For Tomorrow”CONTACTTony's official website: https://ttwealth.co.uk/Facebook: https://www.facebook.com/TonyThomas.IFA/LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Tony talks about how to make the most of your pension pot so you can get back to dreaming about your retirement and not dreading it. Many people are feeling financial pressure at the moment, and it can be difficult to consider the future, but even with current conditions there are ways you can maximise your pension opportunities.    KEY TAKEAWAYS When offered the opportunity to join a workplace pension it is always a good idea to do so due to the contributions they make.  You also get extra money from the government in your tax payments on any contributions you make.  The state pension will not cover everything.  Keep on track of all your pension plans. It is important to have a retirement lifestyle in mind so you have an idea of how much money you will require.          BEST MOMENTS ‘Your employer's contribution on top of that which at the very least must be equivalent to three percent of your earnings.'  ‘Each time you defer paying into a pension plan you miss out on the extra boost of tax relief from the government.'  ‘It's important to remember that the state pension won't be available until your late sixties.'    VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

The key to a robust retirement is having a good idea of the plans that you have for when you reach your chosen age. To keep up your lifestyle in your golden years you need to be sure of your pension and financial situation. Tony talks about what you need to know when working on your future.   KEY TAKEAWAYS Retain a professional Financial Advisor to achieve the retirement that you want. Currently only half of those with assets over £100,000 to £500,000 excluding property are planning to take professional financial advice.         BEST MOMENTS ‘With so much going on in your life, from family and work, to pursuing your passion, retirement planning may not have been your priority, but now you want to make sure your pension and overall financial situation will allow you to keep up your current lifestyle and enjoy your golden years.' ‘Only 39% of pension holders are planning on taking financial advice when they retire, with 31% planning a do-it-yourself retirement.' ‘These are just a few of the questions your professional Financial Advisor will be able to help you with.' VALUABLE RESOURCES   Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Tony talks about the erosion that occurs in your savings with the current inflation rates and how you can benefit from tax relief in the coming year.   KEY TAKEAWAYS Tax efficiency is a key consideration when investing because it can make such an enormous difference to your wealth and quality of life. One way to avoid tax is to contribute to an individual savings account (ISA) and take advantage of up to £20,000 tax free with a stocks and shares ISA. A cash ISA allows you to earn interest on your savings without having to pay any tax on interest earned. Junior ISA are for those under 18 without a trust fund account. Up to £9000 can be put in a Junior ISA and can be used for a wide range of purposes such as education or training costs.         BEST MOMENTS ‘The type of investment and tax efficiency that you should be looking at will depend firstly on whether your priority is to save a lump sum for the future or to draw an income today.'  ‘Not only will your investment grow tax efficiently, you'll also benefit from the potential for capital gains. ‘Another option is a Lifetime ISA or LISA. If you are looking to save for retirement or to buy your first home you may also want to consider opening a LISA. With a LISA you can save up to £4000 in the current tax year. The government will add out to 25% to any savings held in a LISA up to a maximum of £1000 a year.'  ‘If you earn over £100,000 making personal pension contributions can be highly advantageous.'   VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

In this episode Tony talks about the difference between individuals' personal plans towards retirement and some of the extra challenges previous generations of savers never had to worry about.   KEY TAKEAWAYS Life expectancy is longer than ever before which means you need your money to last much longer.  More companies are moving away from Defined Benefit Pensions which guarantee you a certain amount of money in your retirement. Defined Contribution Plans are much more subject to the ups and downs of the market. A mixture of various investments further individualises many peoples approach to retirement planning. Six tips to consider using if you have a Money purchase Pension or Defined Contribution Pension are ; use pay rises as an excuse to pay more. Pay in more when a regular spend ends. Maximise any possible employer contributions. Invest any lump sums you receive. Put off breaking into your pension pot. Be cautious about your investment choices.         BEST MOMENTS ‘One question I get asked every single day is how much money will I actually need when I eventually retire?'  ‘Some people are unprepared for retirement due to high debt levels at the end of their working lives, or because they were not saving enough during their lifetime.' ‘Being aware of the options available to you can help you prepare for your future in an effective way.'   VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Tony talks about the requirements of withdrawing your pension and the five things you need to carefully consider before doing so. Currently you can access your pension from the age of 55, changing soon to 57 unless you have a protected pension age, so if you are approaching these birthdays it's worth checking out Tony's advice.   KEY TAKEAWAYS Pension Freedoms. Consider your pensions accessibility arrangements. Savings Requirements. How much will you need each month to maintain your lifestyle? Future costs. You need to consider care needs and inheritance planning. Health and Life Expectancy of both you and your partner.  Obtain professional advice to make sense of the complications of the financial decisions of retirement.          BEST MOMENTS ‘There's a lot to think about when you withdraw money from your pensions because it's a huge decision as it has major implications on how long that money lasts for throughout your retirement.' ‘We often vastly underestimated this but evidence shows that we are mostly living longer.' ‘How long will I need my money to last? How long do I want to keep working? How much tax might I pay?'     VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

With many people living longer expectations of retirement are being reshaped and there is no longer a one size fits all approach to retirement planning. Tony talks about the many choices and options available to you in your retirement bearing these changes in mind.    KEY TAKEAWAYS It's important to consider loved ones over the course of one's retirement.  Find out if your pension will cover your finances throughout your retirement or if you should be investing your savings.  Do not leave your retirement planning too late.  Find out how much you need to save for your retirement, how do you save on tax efficiently and how do pensions work.   BEST MOMENTS ‘To different people, retirement means different things. Retirement offers the gift of time to do the things that matter most.' ‘At this point do you feel confident about retirement? Pensions can seem complex and overwhelming for many.' ‘What happens when we've left the nine to five behind? Whatever retirement looks like to you it's important to make the right plans now.' VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Many savers believe that inflation will have no impact on their savings or even leave them better off. In this episode Tony spells out the real effect that inflation can have on your savings and what to do about it.   KEY TAKEAWAYS The total cost of saver inaction, if inflation continues over the next five years, could amount to 18 billion pounds. Work out how much of your savings you need to put aside for easy access emergency funds.  Get the best interest rate you can on your savings. Remember, though, that those rates offered can drop dramatically over time, so always keep an eye and be prepared to switch when necessary. Think about investing your money or topping up your pension to beat inflation.         BEST MOMENTS ‘More than half of all cash savers don't understand what impact inflation will have on the real value of their cash savings over time.'  ‘As a rule of thumb, aim to cover your essential expenses for between three to six months.' ‘The key thing to remember is that investing is for the long term.'   VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Investing is one of the most important things you can do to secure your financial future. Tony shares the10 principles that should be applied when choosing and managing your investments.      KEY TAKEAWAYS Set investment goals. Plan on living a long time and saving more for it. Cash is rarely king, inflation can erode your purchasing power. Start early and reinvest investment income. Be realistic about your objectives and what you can achieve when it comes to choosing risk. Market volatility is normal. Timing the market is difficult. Stay long term. Diversify your investments.  Review your portfolio regularly. If it seems too good to be true, it usually will be.         BEST MOMENTS ‘You have the peace of mind in knowing that you have everything you need to do to invest with confidence.'  ‘The higher the potential return the higher the risk involved.' ‘Promises of high returns with little or no risk are always too good to be true.'   VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

So when is the right time to retire? There's no one size fits all answer to this question, because it very much depends on your personal circumstances. However, there are a few things to consider that may help you to decide when the time is right for you. Tony details what information and circumstances you should be looking out for to know the right time has arrived.   KEY TAKEAWAYS Do you have enough saved up to provide for yourself in retirement? If not, you may need to work longer to ensure a comfortable retirement. Good health means you will be able to enjoy a longer retirement, however poor health will mean retiring sooner in order to enjoy your retirement while you are still in good health. Inflation is an important factor to consider for retirement. Rising prices can quickly begin to eat into your savings.  Consider when you want to retire and what kind of lifestyle you want after retirement. One way to find out if you have sufficient finance to create a suitable lifestyle after retirement is to create a retirement cash flow. This shows how much income you can expect to receive from various sources.   BEST MOMENTS ‘Do you enjoy your job or work? If not, you may be ready to retire sooner. On the other hand, if you love your job or what you do, you may want to keep working even after you reach retirement age.' ‘Inflation can also cause your living expenses to go up and this can lead to a reduction in your standard of living. Clearly high inflation can make it harder to save for your retirement.' ‘What is your attitude to investment risk because when it comes to investing there is always some element of risk involved. It's important to understand your own attitude towards risk before making any investment decisions.'    VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth   The TT Wealth July & August Newsletter Bundle This podcast was brought to you by Progressive Media, for more information on how to start, grow and monetise your podcast head over to the training at https://bit.ly/poa3073 ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/ Book a Call: https://calendly.com/ttwealth/30min?month=2022-07See omnystudio.com/listener for privacy information.

When investing, market volatility can often cause rash decisions that can often be unnecessary and harm your long term outlook while trying to achieve short term peace of mind. This is why it's important to take a 10 year or more view to enable cool-headed rational responses to sharp financial movement in either direction.   KEY TAKEAWAYS Trying to second guess events and make bets on them rarely pays off and deters many from investing.  A safe option for risk averse investors to undertake is to save regular amounts which enables the avoidance of trying to second guess market movements. This is Pound Cost Averaging. Rather than a single, risky lump sum investment you drip feed investments over a longer period effectively reducing the risk of loss by minimising the size of the investment at any one time. Any negative event will not influence large amounts of your money.         BEST MOMENTS ‘Do you invest it all at once or bit by bit and will soaring inflation, rising interest rates and further supply chain disruptions or fuel market volatility impact on your lump sum investments?' ‘Past performance is not a guide to what might happen in the future and the value of your investments may go down as well as up.' ‘As an individual investor it is likely that you will find it almost impossible to make money through market timing. Even professionals struggle to do this.'    VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth   The TT Wealth July & August Newsletter Bundle This podcast was brought to you by Progressive Media, for more information on how to start, grow and monetise your podcast head over to the training at https://bit.ly/poa3073 ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow” CONTACT Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/ Book a Call: https://calendly.com/ttwealth/30min?month=2022-07See omnystudio.com/listener for privacy information.

Tony explains the six key principles to ensuring your financial prosperity for a secure future. Understanding your targets, preferred investment types and tolerated risk level is essential before you embark on a well rounded investment plan, but what should you keep in mind as you move forward towards your goals?   KEY TAKEAWAYS   Have a strategy and stick to it. Think twice before putting all of your money in cash. Diversify and consider your investments as a whole. Invest as early as you can. Resist activity bias, the urge to do something in a crisis. There is no substitute for a strategy that is tailored specifically for you.        BEST MOMENTS   ‘If you are new to investing, knowing where to start can be a daunting task. The reality is that people should start saving and investing as early as possible.' ‘Investors and retirees looking for reassurance during challenging stock market times can take heart in these time tested investment principles.' ‘Every single investors needs are different. A professional financial advisor can help you take the emotion out of investing and provide an objective view.'   VALUABLE RESOURCES   Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST   Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT   Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

We know that rising inflation and increases in taxes are set to leave millions worse off in 2022 and beyond. Households are already grappling with the worst cost of living crisis in a generation. Budgets have been further squeezed by a raft of price and tax rises, and inflation is the highest it has been for 30 years. Tony offers ten tips to help you manage through this difficult period.   KEY TAKEAWAYS   Save money on your energy bills. If you are finding budgeting for energy bills difficult consult your energy provider or a debt advice charity. Check out how to cut your energy use. Try using a petrol price checker site to ensure you always buy your fuel from the cheapest source. Change your driving style to avoid hard acceleration and high speeds to reduce your consumption. Plan your meals for a week and stick to it to avoid unnecessary impulse purchases. Check if you would save money if switching to a water meter. You can pay a lower Council Tax if you live alone and if you are in receipt of certain benefits or on a low income you can gain a reduction of up to 100%. Review your bank statements and credit card bills to ensure you are aware of all your outgoings and cut out unnecessary spending. Draw up a monthly budget. If you are paying high interest rates on your cards or loans then consolidate.        BEST MOMENTS   ‘The government website which is simply “Energy Advice” has tips on how to keep your energy bills down so that's worth checking out.' ‘You can use The Consumer Council For Waters calculator and if you are on certain benefits and have a large family or someone with a particular medical condition you may qualify for the Water Sure Scheme, which caps water bills.' ‘Check if your are entitled to state benefits. Billions of pounds of state benefits go unclaimed each year and you could be missing out. The national charity “Turn 2 Us” has a free and confidential benefits calculator on its website.'   VALUABLE RESOURCES   Government Energy Saving Advice https://www.simpleenergyadvice.org.uk/   Fuel Price Checker https://www.petrolprices.com/   Water Sure Scheme https://www.citizensadvice.org.uk/consumer/water/water-supply/problems-with-paying-your-water-bill/watersure-scheme-help-with-paying-water-bills/   Turn 2 Us Benefits Calculator https://benefits-calculator.turn2us.org.uk/   Money Helper Budget Planner https://www.moneyhelper.org.uk/en/everyday-money/budgeting/budget-planner   Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth   Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth     ABOUT THE HOST   Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales.   “Live For Today, Invest For Tomorrow”   CONTACT   Tony's official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

For very many couples divorce is a sad outcome, emotionally and financially. However, there are many things you can do to make the process easier should this unfortunate situation occur. KEY TAKEAWAYS Since April 2022 a ‘no fault’ divorce came into effect in England and Wales. This finally removes a need for blame as a basis for divorce. The respondent to a divorce is also no longer able to contest it. Seek legal and separate financial advice immediately. A Financial Consultant can consolidate all your finances so any legal decisions on advice can be taken with accurate information. Cancel any financial commitments in joint names immediately including credit cards, joint accounts, loans and even overdrafts. In England, Wales and Northern Ireland the total value of the pensions you have each built up is taken into account excluding the basic state pension. In Scotland only the pensions you have accrued during your marriage or civil partnership are applied. BEST MOMENTS ‘Keeping a level head to negotiate a fair financial settlement is absolutely vital.’ ‘You will need to draw up a list of assets that are first and second homes, pension pots, investments, value of any businesses etc, etc.’ ‘Normally anything built up before you were married or after your date of separation does not count.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

There are many factors that can influence when someone decides to retire, which Tony will explore in more detail in this episode. For some, it might be based on health reasons, while others may want to take advantage of government benefits or simply enjoy a more relaxed lifestyle. However one of the most common factors that determines when people choose to retire is definitely their age. So with that in mind, what is the most popular age to retire early? KEY TAKEAWAYS The most popular age currently to choose to retire is 60. More than half of early retirees report a boost to their mental wellbeing, however nearly half report a drop in their financial situation. Financial factors such as a career based company pension, paying off a mortgage or substantial savings convince someone to embrace early retirement. BEST MOMENTS ‘Another key factor is wanting to enjoy more freedom and 1 in 4 of us are planning to celebrate our 60th birthdays by leaving work behind.’ ‘Women are the most likely to have felt a negative financial impact from retiring early.’ ‘Money worries are one of the biggest factors resulting in people returning to work.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

In the last in his series on estate planning Tony explains the use of Lifetime Transfers to decrease the eventual tax liability left to your inheritors by giving away funds before your passing. However, there are still liabilities payable depending on when you pass. KEY TAKEAWAYS Inheritance tax exemptions can be achieved by means of making certain exempt transfers which apply in a number of cases, including wedding gifts, life insurance premiums, gifts to your family and charitable giving. If appropriate, you can transfer some of your assets while you're alive. Gifts to a spouse, for example, are fully exempt so are not subject to inheritance tax. Where a potentially exempt transfer fails to satisfy the conditions to remain exempt, because the person who made the gift died within seven years, it’s value will form part of their estate. For survival for between three and seven years, taper relief at the following rates are available ; in the first three years, there is no reduction, and between three and four years, there's a 20% reduction. Within four to five years it's 40% and five to six years its 60%. Between six and seven years is 80%. BEST MOMENTS ‘Potentially exempt transfers are lifetime gifts made to a individuals which includes gifts to bare trusts.’ ‘The inheritance tax due on the potentially exempt transfers is deducted from the total inheritance tax bill and the estate is liable for the balance.’ ‘The inheritance tax difference can be calculated and covered by a level or decreasing policy written in an appropriate trust.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

In this episode Tony continues further on his estate planning series with an explanation of the lasting power of attorney (LPA). These agreements allow individuals to make decisions that can effect them in the unfortunate event that they are incapacitated from making those decisions themselves. KEY TAKEAWAYS An individual can create an LPA covering all their affairs or just their health and welfare. At the point the appointed attorney believes their donor is losing their mental capacity they must apply to The Office of Public Guardian to register the LPA to attain continuing authority. A code of practice applies to holders of LPAs including the requirement to keep the grantee's funds separate from their own or anyone else’s. There are strict limits on the gifts that attorneys can make on the donors behalf. BEST MOMENTS ‘It's possible to appoint the same or different attorneys in respect of each lasting power of attorney and both versions contain safeguards against possible misuse.’ ‘Applications for a lasting power of attorney must be accompanied by a certificate confirming the granter understands what they are doing completed by a solicitor or medical practitioner.’ ‘Instructions relate to things the attorney should or shouldn’t do when making decisions. For example, not selling the donor's home unless a doctor states the donor can no longer live independently or a particular dietary requirement could be examples.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Tony continues his series on estate planning with the consideration of making a will. Talking about your death with relatives and professionals is a difficult conversation to have, but it is vital if your wishes are to be respected and enacted upon your passing. KEY TAKEAWAYS Unmarried couples have no right to any of the estate if there is no will. A will is essential to mitigate a potential inheritance tax liability. Where a person dies without a will the distribution of the assets is subject to statutory rules called intestacy. A consequence of intestacy is the estate may have to include benefits to children as well as a spouse or civil partner. Separated spouses still not yet divorced continue to have rights to the deceased estate. If the deceased has no surviving relatives the property goes to the crown. Relatives will usually be expected to be executors and may be unsuited to the role. Jointly owned properties and possessions can be a way of protecting your spouse, allowing them to have access to joint bank accounts, for instance, before the estate is settled. BEST MOMENTS ‘The beneficiaries of the deceased person that they may want to benefit from the estate may be disinherited.’ ‘An unmarried partner doesn’t automatically inherit anything and may need to go to court to claim for a share of the deceased assets.’ ‘There may also be liabilities that may need to be included and taken into account and may include mortgages, could be credit card balances, could be bank overdrafts, could be loans or indeed equity release.’ ‘There is also something called a partial intestacy. This can sometimes happen even when there is a will in place, for example, when a will is not valid or when it is valid but the beneficiaries die before the testator.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Tony continues with his series on inheritance and safeguarding your estate for your family with this episode on why wills and power of attorney agreements can be vital. KEY TAKEAWAYS If you don’t create a will in readiness for your passing your estate could be inherited by someone you had not envisioned taking over your wealth and assets. The Health and Welfare Lasting Power of Attorney allows you to appoint an attorney to make decisions about matters such as your medical care, where you live, your daily routine such as what you eat and what you wear, whom you have contact with and whether you have life sustaining treatment only if you have given express permission. The Property and Financial Affairs Lasting Power of Attorney gives your attorney the power to do things such as buy and sell your property, pay your bills, collect your pension or benefits, and manage your bank accounts. Only 13% of adults have written a living will which is used to provide advanced decisions on refusing medical treatments if you become terminally ill or lose the ability to make decisions for yourself. BEST MOMENTS ‘Worryingly 3 in 5 UK adults have not written a will and that’s research carried out by Canada Life.’ ‘What we need to remember is that a will can provide peace of mind that not only will the correct beneficiaries benefit from an estate distribution, but also that it is done as efficiently as possible at such a difficult time.’ ‘A will can help reduce the amount of Inheritance Tax that might be payable on the value of a property and monies that you leave behind.’ VALUABLE RESOURCES Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

More and more families are becoming subject to Inheritance Tax currently and it has become increasingly important to make plans for this eventuality in balance with your other financial priorities. Tony talks how you can reduce your families Inheritance Tax liability and how the current rules affect you. KEY TAKEAWAYS Inheritance Tax was introduced in 1986 replacing the old Capital Transfer Tax which itself replaced Estate Duty. The Government has frozen the 325k lifetime exemption allowance, which has resulted in inflation eroding this total over time. Money left to spouse or to a registered civil partner will be exempt from Inheritance Tax. Inheritance Tax is payable at 40% on the amount exceeding the exemption allowance threshold. BEST MOMENTS ‘Effective estate preservation planning could save a family a potential inheritance tax bill amounting to hundreds of thousands of pounds.’ ‘Unmarried partners, no matter how longstanding, have no automatic rights under the Inheritance Tax rule.’ ‘In some circumstances Inheritance Tax can also become payable on the lifetime gifts themselves, although gifts made between 3 and 7 years before death could possibly qualify for rate relief which reduces the amount of Inheritance Tax payable.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.

Recently, Chalene promoted a controversial book written by a woman who, in her words, “escaped” a small, insulated, ultra orthodox Hasidic community — and went on to launch a very successful high fashion shoe brand. Immediately after speaking of the book publicly, Chalene was challenged — by an orthodox Jewish community of women — to reconsider the author's viewpoint and explore the subject further. So today, Chalene talks about her journey to understand these communities and the spectrum that exists in so many religions.  In addition, she'll recap the week's events, including: flying to Vegas to surprise Shaun T for his birthday, Marge getting Zumba certified, the bathroom remodel and her battle with high heels.   Download the Patreon App and Join The Chalene Show at patreon.com/TheChaleneShow   Thank You To Our Show Sponsor Go to  Mysoulcbd.com/chalene and 15% off will be automatically taken at checkout   Join our awesome PodSquad on Facebook here!   Links You May Want to Check out: Subscribe to Build Your Tribe!!!  Be sure to check out the limited time Push journal Build Your Own Bundle Special!!  Join Phase it Up and start creating healthier habits, it isn't like other diets or programs! PhaseItUp.com Join the InstaClubHub to go deep in learning all the latest tips and strategies to Instagram growth and engagement! InstaClubHub.com Check out the new supplement multi packs   I am Myself Again Check out all the Discounts and some of Chalene's favorite things at Chalene.com/Deals Leave Chalene a message at  (619) 500-4819 Leave Chalene a Voicemail review or question  HERE Join our awesome PodSquad on Facebook here! Go to Chalene.com/MyThing and see what your passion or hidden talents are!!   Connect with me on your fav social platform: Instagram: www.Instagram.com/ChaleneJohnson    Facebook: www.Facebook.com/Chalene    TikTok: @chaleneOfficial Twitter: www.Twitter.com/ChaleneJohnson   Sign Up For MY WEEKLY NEWSLETTER and you'll get FREE tips on how to live a ridiculously amazing fun-filled life!   Be sure you are subscribed to this podcast to automatically receive your episodes!!!    Get episode show notes here: www.chalenejohnson.com/podcast    Hey! Send me a tweet & tell me what you think about the show! (Use the Hashtag) #The Chalene Show so I know you're a homie! XOXO Chalene

Continuing with the topic of estate planning, Tony discusses the importance of Intergenerational Wealth Transfer Plans in the current climate of rising net worth and mortality rates. The earlier you put your plan in place the less you will have to give to the tax man in Inheritance Tax. KEY TAKEAWAYS By 2027 it is predicted that wealth transfers will nearly double from £69 billion to £115 billion. Unplanned Inheritance arrangements can cause conflicts that can create rifts within the family. Children may have been expecting to receive a certain amount of money from their parents. Ensure the younger generations are prepared to handle the complications of wealth including the financial management. By making advanced preparations the burden of filing any Inheritance Tax returns can be reduced. BEST MOMENTS ‘For those approaching or already in retirement it’s important to have frank and open conversations with children about expectations.’ ‘Everyone works hard to provide for their family and perhaps even leave them with a legacy. However parents approaching retirement shouldn’t feel that their family is solely reliant on them or that they need to be responsible for their children’s financial situation.’ ‘This type of planning can be extremely complicated and for some people, they may be able to do this for themselves. But for the vast majority, they will need expert advice.’ VALUABLE RESOURCES Tony Talks Wealth - https://omny.fm/shows/tony-talks-wealth Sign Up Now For Exclusive Tony Talks Wealth Content at https://www.patreon.com/TTWealth Wills, Lasting Powers of Attorney, Trust and Estate Planning Specialists - Kinherit ABOUT THE HOST Tony Thomas is a published author, one of the top financial advisers in the UK voted for by his clients, the first Chartered Financial Planner in the UK, Independent Financial Adviser, Mentor, Trainer. Life Planner and Money Coach. He is also a pension and investment specialist as well as the regional Chartered Champion for South Wales. “Live For Today, Invest For Tomorrow” CONTACT Tony’s official website: https://ttwealth.co.uk/ Facebook: https://www.facebook.com/TonyThomas.IFA/ LinkedIn: https://www.linkedin.com/in/tonythomas2/See omnystudio.com/listener for privacy information.