Ep 10: Financial Planning - When The Customer Isn't Always Right

Ep 11: If Only You Had Hindsight

“Knowing what we know now…” is a phrase you hear a lot, especially lately. If you knew ahead of time, what would you do differently? What can we learn from these financial mistakes? We reflect and talk about the lessons learned on today's episode. Read more and get additional financial resources here:https://theuswealthadvisors.com/2020/06/ep-11-if-only-you-had-hindsight/ [https://theuswealthadvisors.com/2020/06/ep-11-if-only-you-had-hindsight/] Today's show schedule: 1:46 - Being too scared meant too conservative with investments. 2:50 - Too much risk you didn’t realize until the market crash. 4:04 - Misunderstanding Social Security can cause panic later on. 5:23 - Wishing you put more money in Roth IRAs. 7:01 - Retiring too early and needing to go back to work.

Ep 10: Financial Planning - When The Customer Isn't Always Right

When you work with a financial advisor, you’re likely coming to them for financial advice and expertise. But what about that saying, “the customer is always right”? Is that still true? Read more and get additional resources here:https://theuswealthadvisors.com/2020/06/ep-10-financial-planning-when-the-customer-isnt-always-right/ [https://theuswealthadvisors.com/2020/06/ep-10-financial-planning-when-the-customer-isnt-always-right/] Today's show schedule: 1:42 - “I think I can time the market.” 3:19 - “I know what I want to invest in, just pick the funds for me.” 5:04 - “I don’t need to spend the money on life insurance or long-term care.” 6:35 - “The fees are too high!” 8:23 - “My accounts are down right now, this isn’t working.”

Ep 9: Avoiding Financial Lies and Mistruths

You can’t believe everything you hear, right? What statements and concepts in the financial world should you take with a grain of salt? Can you tell what’s marketing and what’s real? Read more and get additional resources here:https://theuswealthadvisors.com/2020/05/ep-9-avoiding-financial-lies-and-mistruths/ [https://theuswealthadvisors.com/2020/05/ep-9-avoiding-financial-lies-and-mistruths/] Today's show schedule: 1:29 - “We can beat the market.” 2:57 - “There are no fees!” 4:07 - “There’s no risk!” 5:34 - “Taxes will be lower in retirement.” 7:02 - “Never pay off your house early when interest rates are low.” 10:53 - “It’s just a paper loss.”

Ep 8: How Do We Create Predictable Income?

We’re living in a unique period of time where uncertainty seems to be the driving force across many sectors. The health crisis has forced us all to make changes to our daily lives and our finances, and that has a lot of people thinking about ways to generate predictable income. Let’s explore this idea by looking at ways this is done but identifying reasons why this might not always benefit you. Read more and get additional resources here:https://theuswealthadvisors.com/2020/05/ep-8-how-do-we-create-predictable-income/ [https://theuswealthadvisors.com/2020/05/ep-8-how-do-we-create-predictable-income/] Today's show schedule: 0:48 – Who wouldn’t want a little predictability right now? 1:34 – What retirement income sources appear predictable but might not be? 4:48 – Is there really such a thing as guaranteed income in retirement? 6:23 – J’Neanne shares examples of people who have faced income issues. 8:27 – What do you do if inflation decreases the value of your predictable income? 9:38 - Life events can throw off your plan if don’t prepare correctly.

Ep 7: Social Distancing for Your Money

We’re all doing our best to take the social distancing guidelines to heart by changing the way we’re living right now, but let’s take a break from the seriousness of it all with a lighter discussion on separation. What would that look like if social distancing was applied to your financial planning? Read more and get additional resources here:https://theuswealthadvisors.com/2020/04/ep-7-social-distancing-for-your-money/ [https://theuswealthadvisors.com/2020/04/ep-7-social-distancing-for-your-money/] Today's rundown: 0:40 – Some background on our topic today. 2:31 – First one: Your emergency fund and the stock market 5:38 – Second one: Life insurance and our investments. 7:42 – Third one: High turnover investment strategies and after-tax brokerage accounts 10:10 – Final one: Your emotions and your investment decisions.