S10 E218 - Solving Money Troubles in Retirement

S10 E222 - Healing Anxiety

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S10 E221 - Money Matters

In this informative episode, host Wendy Jones sits down with Brian Kurtz, a seasoned financial advisor with AIP Financial. Brian breaks down complex retirement planning topics in a simple and practical way, including how RMDs work, why they matter, and how failing to take them properly can lead to IRS penalties. We dive into the world of annuities, explaining the differences between immediate and deferred , as well as fixed, indexed, and multi-year guaranteed annuities (MYGAs). Brian highlights how these tools can provide guaranteed income, protect against market losses, and offer stability in uncertain financial times. ---------------------------------------- Key Highlights in this Episode: Understanding RMDs (Required Minimum Distributions): Brian explains how RMDs begin at age 73, how they are calculated based on retirement account balances and life expectancy, and why missing them can result in IRS penalties. He also shares strategies for managing withdrawals across multiple accounts. Tax-Smart Retirement Strategies: Learn how Qualified Charitable Distributions (QCDs) can allow retirees to satisfy RMD requirements while reducing taxable income and supporting charitable organizations. Annuities Simplified: Brian breaks down immediate vs. deferred annuities, and explains how fixed annuities—including indexed annuities and MYGAs—can provide guaranteed growth, income security, and protection from market downturns. Safe Money vs. Growth Investing: A practical discussion on balancing retirement portfolios. Podcast Schedule: Tune in to Next Steps for Seniors with new episodes dropping twice a week at 7:00 AM! Every Tuesday: Educational and insightful content to help you navigate the practical steps of aging. Every Friday: Spiritual and emotional support to encourage your heart and mind. Be sure to subscribe on Apple, Spotify, IHeart Podcasts so you never miss an episode, and if you enjoyed today's show, please leave us a rating and review! Learn more : https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones [https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

S10 E220 - The Why In Caregiving

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S10 E218 - Solving Money Troubles in Retirement

Can leveraging home equity and reverse mortgages actually help seniors manage retirement expenses and care costs? In this enlightening episode, host Wendy Jones sits down with Joe Bigelman, a mortgage loan consultant with John Adams Mortgage. Joe shares his expertise on how seniors can use their homes—their largest financial asset—to cover high costs of care, including assisted living and in-home support. He explains strategies that can provide funds while allowing seniors to remain in their homes and maintain ownership. Joe demonstrates how proper planning can relieve financial stress and preserve quality of life. Whether you’re a senior, caregiver, or someone planning for retirement, Joe offers actionable advice on maximizing home equity, securing financial stability, and ensuring peace of mind in later years. Key Highlights in this Episode: * Home Equity Options: Joe explains how refinancing, cash-out loans, and home equity lines can provide flexible funding for seniors’ care needs. * Reverse Mortgages Demystified: Learn how reverse mortgages work, including ownership, loan balance growth, and how they can eliminate monthly payments while allowing seniors to remain in their homes. * Real-Life Case Studies: Stories of clients navigating care costs and limited retirement funds highlight practical applications and benefits of these strategies. * Financial Planning Tips: How to preserve equity, plan for long-term care, and maintain financial security in retirement. * Veteran Benefits: Information on aid and attendance programs offering monthly financial support for eligible veterans and their spouses. Resources & How to Contact the Guest: Call Joe Bigelman at 248-302-3652 Visit: John Adams Mortgage [https://www.johnadamsmortgage.com/joebigelman] Podcast Schedule: Tune in to Next Steps for Seniors with new episodes dropping twice a week at 7:00 AM! Every Tuesday: Educational and insightful content to help you navigate the practical steps of aging. Every Friday: Spiritual and emotional support to encourage your heart and mind. Be sure to subscribe on Apple, Spotify, IHeart Podcasts so you never miss an episode, and if you enjoyed today's show, please leave us a rating and review! Learn more : https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones [https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.

S10 E219 - Our Greatest Lessons Come Through The Hardest Trials

Pastor Tim Helland joins host Wendy Jones on Next Steps 4 Seniors: Conversations on Aging to discuss how faith and perspective can transform the way we face life’s trials especially while caring for aging loved ones. Drawing from personal experience as a caregiver and a father, Pastor Tim shares how biblical truth brings lasting hope in the midst of grief, stress, and uncertainty. He reflects on the emotional and physical toll caregiving takes—citing that 70% of caregivers over 65 die before the person they care for and emphasizes the importance of spiritual resilience. Using Scripture like James 1:2 (“Consider it pure joy when you face trials…”), he explains how true blessing is found not in comfort, but in trusting God’s eternal kingdom. This conversation offers encouragement, reminding listeners that real hope isn’t in this life alone, but in the life to come. Resources & How to Contact Next Steps for Seniors: Website: nextsteps4seniors.com [https://nextsteps4seniors.com/] Podcast Schedule: Tune in to Next Steps for Seniors with new episodes dropping twice a week at 7:00 AM! Every Tuesday: Educational and insightful content to help you navigate the practical steps of aging. Every Friday: Spiritual and emotional support to encourage your heart and mind. Be sure to subscribe on Apple, Spotify, IHeart Podcasts so you never miss an episode, and if you enjoyed today's show, please leave us a rating and review! Learn more : https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones [https://omny.fm/shows/next-steps-4-seniors-with-wendy-jones] See omnystudio.com/listener [https://omnystudio.com/listener] for privacy information.