Retirement Planning - Money Not Math

I am Maxing out my 401k, Now What? Money Not Math Client Success Story 2 I love to help people have more confidence in their future and it is my mission to provide the highest quality advice and service possible to my clients. To accomplish this, I limit myself to having 100 active clients or less that I have a fiduciary responsibility to at all times. One way I hope to provide value to good people is to periodically write a client success story. So that no matter what is troubling you today, you can see there is light at the end of the tunnel, and it is possible to improve your financial future. After I gave a retirement planning presentation to a group a few years ago. A 35-year-old doctor from the group reached out to me afterwards and basically said, “I am maxing out my 401k, HSA, and IRA, now what?” So, we scheduled a meeting to discuss their current planning and determine if it might make sense for us to work together. In that meeting I found out a few key pieces of information about this person that would impact their planning. They were motivated to be a good steward of their money so they could help others, they wanted to travel, and they wanted to retire as early as possible so they could go on mission trips and volunteer to help those in need across the world. This was great news and a problem at the same time. It was great news because this was obviously an incredible human that cares about others that I would enjoy working with. But the problem was, like many people, their life aspirations and current savings strategies did not align and were not working together. They were maxing out their 401k, IRA, and HSA. Which is an impressive display of discipline and saving for their future. However, the problem is their primary goals in life were to help others, travel, and retire as soon as possible which means they would need access to their money and liquidity before they are 59.5 years old. Unfortunately, their max contributions to their 401k and IRA would not be completely liquid without penalty or taxes until they were 59.5. Plus, they had no current medical issues or expenses so even though their HSA savings would be valuable in the future, they were not overly impactful when it came to achieving their shorter-term goals. Therefore, a majority of their current savings were not going to help them achieve their goals and they did not have any strategies in place to help them achieve their goals. They decided they wanted to work together so we got to work reviewing savings strategies and options for them to consider that would help them achieve their goals by growing their wealth while staying liquid or accessible when they wanted. Since that time, they continued saving into their 401k, IRA, and HSA while also adding two additional tools to their strategy that will grow, balance their exposure to the market, and stay accessible for them to use to help others, travel, and retire as soon as possible rather than waiting until they are 59.5 years old. Plus, they also completed their estate planning, and we continue to meet once or twice a year to maintain and update their planning. Thank you and I hope you have a wonderful day, Drew Erickson Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. Please reach out if you have questions or would like to discuss any of the details mentioned in this client’s story. Out of respect to the clients, I kept names and specific details out of this story while leaving enough information to hopefully provide value. This story would not have been written without the consent of my clients about whom it is written. And as always, everything my clients do with me is confidential at all times and is not shared with any of my other clients or people I know without their consent.

I love to help people have more confidence in their future and it is my mission to provide the highest quality advice and service possible to my clients. To accomplish this, I limit myself to having 100 active clients or less that I have a fiduciary responsibility to at all times. Rather than trying to sell as many hot dogs (or products) to as I can to as many people possible even if they do not need or want them. One way I hope to provide value to good people, whether they are my clients or not, is to periodically write a client success story. So that no matter what is troubling you today, you can see there is light at the end of the tunnel, and it is possible to improve your financial future. Nine years ago, back in 2014, I met with a couple for the first time. During that meeting they expressed to me their number one financial planning goal was to retire comfortably in their early to mid-60s. However, due to a pile of credit card and student loan debt plus not having a plan they were not sure if they would ever be able to retire much less in their 60s. In that meeting they almost shrugged off the idea of ever retiring due to their situation looking so bleak and said, “we don’t want to be a prisoner to what we owe to our debt.” These clients were familiar with the financial industry and had even met with “financial planners” in the past. However, due to life getting busy with work and raising their kids plus the “financial planners” never calling them again after selling them a product. Their financial plan and confidence to retire went by the wayside. To avoid leaving them with products and strategies they would not remember how to use in the years to come and to improve our ability to reach their financial and retirement goals. We agreed in our first meeting to have at least one annual review and one check-in call per year minimum. Over the next nine years we worked together on their investments and 401k planning, budgeting, insurance protection, and debt reduction goals together. With our ability as an independent company that can use the strategies, we believe fit our clients best and shop around to almost any company we want for investments, insurance, structured notes, and annuity options. We were able to bring them from wondering “if they would ever be able to retire and stop being a prisoner to their debt” to choosing when and where they want to retire. To go from wondering if they will have to work until the day they die, to choosing where in the country they want to live and what they want to live in throughout the different seasons of the year. All with a healthy portion of their retirement portfolio paying them guaranteed income for life that they cannot outlive. Plus, a healthy portion of their retirement portfolio allocated to fight inflation and be available for their legacy to their family and/or charity. Giving them the confidence, they hoped for to retire when they wanted to, how they wanted to, and where they wanted to when we met nine years ago. Money does not buy happiness. However, when used correctly and with discipline, it can be an amazing tool to help us build the lives we dream of and have ... Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. Please reach out if you have questions or would like to discuss any of the details mentioned in this client’s story. Out of respect to the clients, I kept names and specific details out of this story while leaving enough information to hopefully provide value. This story would not have been written without the consent of my clients whom it I written about. And as always, everything my clients do with me is confidential at all times and is not shared with any of my other clients or people I know without their consent. #MoneyNotMath #money #retirement #RetirementPlanning #Integrity #Learning #Generosity #Relationships #Legacy #Gratitude

Ever wondered how people approach earning income through real estate, or how real estate developers think about design, sustainability, and addressing the affordable housing crisis while also aiming to create positive experiences for investors?In this Episode, I sit down with Dusten Hendrickson, founder of Mailbox Money, who brings over 20 years and more than $500M of experience in real estate development, design, construction, and syndication.Dusten shares how smart design, smaller footprints, and intentional planning can shape the future of both communities and investment opportunities.💡 In this conversation we cover:✔️ Education on ways investors have historically participated in real estate✔️ How Dusten transitioned from construction to design to real estate development✔️ Why financial and environmental sustainability work best together✔️ How efficient design helps address today’s affordable housing challenges✔️ Ways investors can participate in purpose driven real estate projects✔️ The mission behind Mailbox Money and what’s next for their teamWhether you're passionate about real estate, curious about passive investment structures, or simply enjoy big-picture problem solving, this episode brings a lot of valuable insight.👉 If this conversation gave you something to think about, please like, share, or tag a friend who would enjoy it.💬 Drop a comment with a thought or question. If I do not know the answer, I will reach out to Dusten and get it for you.🔗 Connect with Dusten: mailboxmoneyre.com | LinkedIn: Dusten Hendrickson⚠️ Disclaimer: This content is for educational purposes only and is not legal, tax, or investment advice. Always consult a qualified professional regarding your personal situation.#MoneyNotMath #MailboxMoney #RealEstateEducation #WealthBuilding #FinancialLiteracy #SustainableDesign #AffordableHousing #CashFlowConcepts #EmptyNestersWhoInvest #RetirementPlanning #5StoneFinancialGroup

The past two weeks reminded me just how quickly life can move between joy, excitement, and unexpected heartbreak.While my family and I were on vacation, we experienced moments of pure happiness — from our daughters’ first plane ride and their first time swimming in the ocean, to meaningful time with grandparents and cousins. We also spent part of our trip cheering on our niece in the TRF Girls 12U Region Tournament, surrounded by family and community.At the same time, our hometown experienced incredible hockey success:🏒 TRF Girls 10U B – District Champions🏒 TRF Girls 12U B – 2nd in Regions & State bound🏒 TRF Girls 15U B – Region Champions & State bound🏒 TRF Boys Bantam A – State bound(Congrats to everyone else who achieved success these past weeks as well!)And on the national stage, both the USA Men’s and Women’s Hockey Teams brought home gold — something we haven’t seen from the men in 46 years.But mixed in with all the joy were difficult moments.While on vacation, I learned that a former classmate — just 33 years old, a parent — passed away in a snowmobile accident. And another person close to our TRF hockey community, a husband and father, had to be life flighted due to unexpected complications and is still fighting to recover.These moments hit hard. They remind us that life can be full of happiness, achievement, and heartbreak — sometimes all at once. And while we can’t control everything, we can control how we show up, how we love our people, and how we prepare for the unexpected.That’s what this week’s Money Not Math episode is all about.🎥 Watch Episode 176: “Happiness, Hockey, and Heartbreak”👉 https://youtu.be/eXYOjBBc1Go As always, remember: money is just a tool — life is the goal.Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.#MoneyNotMath #5StoneFinancialGroup #HockeyCommunity #LifePlanning #FamilyFirst #TRFHockey #Perspective #FinancialWellness #RetirementPlanning

What can a gorilla teach you about retirement planning?In this episode of Money Not Math, Drew uses the famous Monkey Business Illusion to reveal a surprising truth:👉 Even smart, attentive people can completely miss what’s happening right in front of them.When it comes to retirement, many people focus almost entirely on:• Picking the “best” investments• Chasing higher short-term returns• Watching the market every dayThose things matter, but they’re only part of the story.In this episode, you’ll learn:🦍 The “gorillas” in retirement planning most people overlook:• Lifestyle planning• Taxes in retirement• Healthcare and long-term care• Sequence of returns risk• Cash flow and distribution strategy🛠 Three practical ways to stop missing the big picture in your financial life:1️⃣ Zoom out beyond “How much will my portfolio grow this year?”2️⃣ Build a written retirement plan that covers more than investments3️⃣ Work with someone who can help you see your blind spotsIf you’re an empty nester with $300,000 or more in investable assets, this episode is designed to help you retire with confidence, not surprises.🎧 Press play to make sure you’re not just counting passes and missing the gorilla in your retirement plan.YouTube video: https://youtu.be/Bx2zpvfyxlM 🌐 Learn more or schedule a conversation: https://5stonefinancial.com/ Disclaimer:This podcast is for educational purposes only and does not constitute legal, tax, or investment advice. You should consult a qualified professional regarding your personal financial situation before making any decisions.#MoneyNotMath #RetirementPlanning #EmptyNester #SequenceOfReturns #TaxesInRetirement #FinancialPlanning #LongTermCare #RetireWithConfidence #5StoneFinancialGroup

In Episode 174 of Money Not Math, we explore the 8 essential questions to ask before you retire. These questions go far beyond savings amounts and help create clarity around income, Social Security, healthcare, taxes, investment strategy, and lifestyle planning.This episode is designed for empty nesters and pre retirees who want to feel more confident and prepared for their next chapter.Disclosure:This content is for educational purposes only and is not individualized financial, investment, tax, or legal advice. It does not represent a recommendation to buy or sell any security or adopt any specific strategy. All investing involves risk, including possible loss of principal. Consult a qualified financial professional regarding your personal situation before making financial decisions.#MoneyNotMath #RetirementPlanning #EmptyNesters #PreRetirement #FinancialEducation #5StoneFinancialGroup

When it comes to retirement, when certain rules apply can be just as important as how much you have saved.In Money Not Math 173, we walk through several important ages that can influence how Social Security, Medicare, and retirement account rules work under current law. The goal is to help you better understand these milestones so you can have more informed conversations with your financial, tax, and legal professionals. In this episode, we discuss: • Age 50: When many retirement savers become eligible for catch-up contributions to certain retirement accounts.• Age 55: Situations where penalty-free withdrawals from a 401(k) may be available after separating from an employer-sponsored plan.• Age 59½: The point at which early withdrawal penalties generally no longer apply to many retirement accounts (ordinary income taxes can still apply).• Age 62: The earliest age to claim Social Security benefits, usually with reduced monthly payments compared with later claiming ages.• Age 65: When Medicare eligibility begins and often lines up with broader retirement decisions.• Ages 66 to 67: Full Retirement Age (FRA) for Social Security for many people retiring today, depending on year of birth.• Age 70: When Social Security benefits generally stop increasing for delaying claims beyond this age.• RMD ages 73 and 75: When Required Minimum Distributions from many tax-deferred retirement accounts begin, based on year of birth under current law.We also talk about how major life events, such as a career change, becoming empty nesters, receiving an inheritance or windfall, downsizing, health changes, or welcoming grandchildren, can interact with these ages and influence your overall retirement plan.Please reach out if you have questions or you would like to sit down and discuss your retirement plan.Disclaimer: This content is for educational and informational purposes only and is not intended as individualized financial, tax, or legal advice. The ages and rules discussed are based on current law and are subject to change. Individual situations vary. Before making decisions about Social Security, Medicare, retirement account withdrawals, or other financial matters, consult with qualified financial, tax, and legal professionals who can review your specific circumstances.#MoneyNotMath #RetirementPlanning #RetirementMilestones #FinancialEducation #SocialSecurity #Medicare #RMDs #RetirementJourney #FinancialAwareness #EmptyNestRetirement #5StoneFinancialGroup #RetireConfidently #FinancialConfidence

Welcome back to Money Not Math – Episode 172, the show where we break down complex retirement questions into clear, actionable insights—so you can retire with confidence, not confusion.In this episode, we walk through a hypothetical 67-year-old who has:• $870,000 in a 401(k)• $120,000 in an IRA• $2,200/month in Social SecurityAt first glance, it sounds like a basic math problem. But designing a retirement income strategy is about much more than dividing your savings by the number of years you hope to live.By the end of this video, you’ll see how this same person could experience monthly incomes as low as about $3,620 and as high as $7,200—based on the planning (or lack of planning) that goes into their retirement strategy.In this episode, we cover:🧮 Retirement spending strategies• Inflation-adjusted retirement income• The “retirement spending smile” and how spending can change over time📊 Asset allocation decisions• How the mix of stocks, bonds, and cash affects both income and confidence💰 Tax planning opportunities• How strategies like Roth conversions could influence lifetime income and long-term tax bills🏥 Long-term care considerations• Why a healthcare and long-term care plan is critical, even with a strong nest eggMy goal is not to give personalized advice in this video, but to help you understand how these pieces fit together so you can start asking the right questions about your own retirement budget.👇 Want to talk about your situation?If you don’t have a fiduciary financial advisor you trust, I’d be happy to have a conversation to see if we might be a good fit—or help connect you with someone who is.📩 Message me directly on this platform📞 Or call me at 218-686-3170👍 If you found this helpful:• Like this video• Subscribe to the channel for more Money Not Math episodes• Share it with a friend or family member who’s approaching retirement• Comment below with a question or topic you’d like me to cover in a future episodeDisclaimer: This video and description are for educational purposes only and are not legal, tax, or investment advice. Everyone’s situation is unique. You should always consult a qualified professional about your personal circumstances before making financial decisions.#MoneyNotMath #RetirementPlanning #RetireWithConfidence #RetirementIncome #FiduciaryAdvisor #FinancialPlanning #EmptyNestRetirement #TaxSmartRetirement

What Does Retirement Income Look Like for a Single Person with $500,000 in an IRA + Social Security? | Money Not Math Ep. 170Welcome back to Money Not Math! In Episode 170, we’re revisiting a popular topic from Episode 162, where we looked at retirement income for a hypothetical married couple with $500,000 in an IRA plus Social Security.This time, we’re adjusting the scenario for a single person, as requested by one of our viewers.Here’s what we’ll cover:✅ How $500,000 in an IRA + Social Security might work together✅ Options to maximize asset allocation✅ Social Security income strategies✅ Tax and Roth conversion considerations✅ Retirement spending approachesThis is not personalized advice, but an educational illustration to help you better understand the factors that can impact retirement income.If you have questions about your own situation, we’d love to help!📞 Contact us at 218-686-3170🌐 Visit us at www.5stonefinancialgroup.com Disclaimer:This content is for informational purposes only and should not be considered investment, tax, or legal advice. Individual circumstances vary, so please consult with a qualified professional before making decisions about your retirement plan.👉 Watch now and let’s dive in!https://youtu.be/zAcbEVUTfGY #MoneyNotMath #RetirementPlanning #FinancialEducation #RetirementIncome #SocialSecurityPlanning #IRAPlanning #RothConversion #TaxPlanning #AssetAllocation #RetirementStrategies #FinancialFreedom #RetireSmart #EmptyNestPlanning #WealthManagement #RetirementConfidence

In this episode of Money Not Math, we revisit a popular topic from Episode 162: “What Does Retirement Income with $500,000 in an IRA + Social Security Look Like?”But this time, we’re answering a viewer’s important question:doesn't seem like there wouldn't be a benefit in filling the 12% as well as 10% - especially when considering one spouse will pass away; let's say at 78. Would you mind showing this scenario?This scenario is something many families don’t plan for, yet it can have a major impact on retirement income, taxes, and lifestyle. In this video, we’ll cover:✅ How losing a spouse affects Social Security benefits✅ The impact on required minimum distributions (RMDs) and IRA withdrawals✅ Why asset allocation matters and how it impacts your retirement spending✅ The role of tax planning in protecting income for the surviving spouse✅ Strategies for retirement income spending to maintain financial securityPlanning for these possibilities isn’t easy—but it’s essential. If you want to feel confident about your retirement plan and ensure your loved ones are protected, this episode is for you.Episode 169 YouTube video: https://youtu.be/MM8G_P-kc94 Episode 162 YouTube video: https://youtu.be/ckU8qVK5XnY?si=4eMqJE4aeiEGmoRc If you have $300,000 or more in investable assets and want a customized retirement income plan that accounts for life’s uncertainties, schedule a complimentary consultation today:👉 https://outlook.office.com/book/Gb122ad25bf0742de9ef95f26af89fd04@5stonefinancial.com/s/ytXDEtRh0E-29mrENW6_Uw2?ismsaljsauthenabled #RetirementPlanning #MoneyNotMath #SocialSecurity #IRA #TaxPlanning #FinancialAdvisor #EmptyNestRetirement #EmptyNester #RetireConfidently #AssetAllocation #SocialSecurityOptimization Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

Roth conversions can be a powerful tax planning tool—but they’re not right for everyone. In this episode, we explore five situations where a Roth conversion might make sense, including:✔ A lower-than-normal tax year✔ Expecting tax rates to rise✔ Having a long-time horizon before needing funds✔ Reducing future Required Minimum Distributions (RMDs)✔ Lowering the tax burden for your heirsWe’ll also walk through a hypothetical example of a couple retiring at 65 with $1M in a Traditional IRA with Social Security income to show how these factors can play out in real life.#RetirementPlanning #RothConversion #TaxPlanning #MoneyNotMath #FinancialEducation #RetirementReady #TaxSmart #EmptyNestPlanning #WealthManagement #FinancialConfidence #RetireConfidently #5StoneFinancialGroup Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation. I am a licensed fiduciary financial advisor and not a CPA.

Would you rather pay taxes now or later? For many retirees, that question can make a big difference in your financial future. In this episode of Money Not Math, we break down Roth conversions—what they are, why they matter, and key considerations before making a move.What you’ll learn:✔ What a Roth conversion means✔ Potential benefits like tax-free withdrawals and no RMDs✔ Important factors to consider before convertingAt 5 Stone Financial Group, we help empty nesters create tax-smart retirement strategies. If you’re wondering whether a Roth conversion fits your plan, schedule a conversation today: https://outlook.office.com/book/Gb122ad25bf0742de9ef95f26af89fd04@5stonefinancial.com/s/ytXDEtRh0E-29mrENW6_Uw2?ismsaljsauthenabledDisclaimer:This podcast is for educational purposes only and is not intended as personalized investment advice. All investing involves risk, including the potential loss of principal. Tax laws are subject to change, and individual circumstances vary. Before making any financial decisions, consult with a qualified tax or financial professional.

Are you an empty nester wondering if long-term care insurance is worth the cost? In this video, we break down the numbers, the pros and cons, and what it means for your retirement plan.Long-term care expenses can be one of the biggest risks to your financial future. Whether you’re considering insurance or self-funding, the right choice depends on your goals, health, and assets.If you have $300,000 or more in investable assets and want clarity on how long-term care fits into your retirement strategy, schedule a complimentary consultation today:👉 https://outlook.office.com/book/Gb122ad25bf0742de9ef95f26af89fd04@5stonefinancial.com/s/ytXDEtRh0E-29mrENW6_Uw2?ismsaljsauthenabled What You’ll Learn in This Video:✔ How much long-term care really costs✔ Pros and cons of long-term care insurance✔ Why your financial plan matters more than averagesDisclaimer: Investment advisory services offered through 5 Stone Financial Group, a registered investment advisor. This video is for educational purposes only and not individualized advice.

According to a Forbes article by Andrew Biggs (“Half of Retirees Will Run Out of Money—That’s the Good News”), about 50% of retirees will deplete their retirement savings during their lifetime.But here’s the twist: most retirees still have Social Security, which pays for life with cost-of-living adjustments. The real risk isn’t being penniless—it’s losing the ability to maintain your desired lifestyle.In Money Not Math Episode 165, I break down what this means for your retirement and why planning matters.#MoneyNotMath#RetirementPlanning #FinancialConfidence #RetireConfidently #Confidence#Retirement #5StoneFinancialGroup📖 Article referenced: https://www.forbes.com/sites/andrewbiggs/2024/08/12/half-of-retirees-will-run-out-of-money-thats-the-good-news/Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.

In this episode, I walk through a hypothetical retirement scenario for a couple with:💼 $500,000 in an IRA📄 Two average Social Security incomes of $1,883/month eachWe explore:🔍 How different asset allocations may influence income sustainability📊 The impact of Social Security timing strategies💡 Tax considerations that affect net retirement income🧭 Spending approaches that align with long-term retirement goals📲 Tune in to learn how informed decisions can support confident retirement living.Thank you for taking the time to watch or listen to today’s Money Not Math episode. If you found it valuable, please:🔁 Share it with a friend📢 Post it on your social media💬 Comment with a question or thoughtOr, if you’d prefer to connect privately or schedule a meeting, feel free to reach out directly.📌 Disclaimer: This content is for educational purposes only and is not legal, tax, or investment advice. Always consult a qualified professional regarding your personal situation.Average social security income information for a 67-year-old was according to google. Those numbers vary depending on your situation and the source of the information.#MoneyNotMath #RetirementEducation #FinancialLiteracy #SocialSecurity #IRAPlanning #TaxStrategy #FinancialAdvisor #EmptyNesters #RetireConfidently

Two Doors. One Choice. Which Will You Pick?Copy:Retirement comes down to two outcomes:🚪 Door #1: Your money outlives you → Dignity. Independence. Legacy.🚪 Door #2: You outlive your money → Dependence. No legacy.The difference? A Plan.We help you build a strategy that gives you the best chance at Door #1.Free, no-obligation consultation.👉 Ready to choose your door? Message us today.#RetirementPlanning #LegacyPlanning #WealthManagement #MoneyNotMath #5StoneFinancialGroup #FiduciaryAdvisor

“I’ll be 65 this year. I’ve saved diligently and built up a $1 million 401(k). I’m expecting a $500,000 inheritance. I spend up to $6,000 a month. So, here’s the big question: Can I retire on January 1st, 2026?”In this episode, we walk through a real-world retirement scenario — and without making any guarantees or recommendations. You’ll learn:✅ Why when you retire matters✅ How Long-Term Care and medical costs can impact your future✅ The role of Asset Allocation, Social Security, Tax, and Spending Strategies in shaping your retirement experienceThis is not financial advice — it’s education. Because money is not math, and there’s so much more to retirement planning than just numbers.👉 If this sounds like your situation — or if you’re wondering whether your retirement plan is truly ready — let’s talk. I help people like you turn uncertainty into clarity every day.📩 Email me at drew@5stonefinancial.com🔁 Share this episode with someone who needs it💬 Comment with your thoughts or questions________________________________________Disclaimer: This content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.#MoneyNotMath #RetireConfidently #RetirementPlanning #FinancialEducation #EmptyNesterFinance #RetirementReady #FinancialClarity #LongTermCarePlanning #SocialSecurityStrategy #TaxSmartRetirement #AssetAllocationMatters

If you're 65 or older—or planning for retirement—this episode breaks down how new legislation could reduce your taxable income and potentially eliminate taxes on your Social Security benefits.📌 Topics include:2025 standard deduction increasesSocial Security tax reliefIncome limits and sunset clausesStrategic planning tips for retirees📞 This podcast is for informational purposes only and does not constitute personalized financial, legal, or tax advice.📩 Contact: drew@5stonefinancial.com#Retirement #TaxPlanning #MoneyNotMath #FinancialLiteracy

🎢 The market dropped sharply in April…📈 Then surged over 26% by early July.In Money Not Math 160, I break down what this rebound teaches us about long-term investing—and why reacting emotionally to short-term volatility can derail your retirement goals.✅ Stay focused✅ Stick to your plan✅ Think long-term💡 I also reference strategies from Episode 159 to help you stay grounded when the market gets shaky if you would like to check that out here, https://youtu.be/hKfnvQOsbSM?si=ZYEuyL3Jc7EEMP1f If you're looking for a fiduciary financial advisor to help guide your retirement journey, I’d be honored to help. You can contact me at 218-686-3170 or Drew@5stonefinancial.com to schedule a free consultation.Past performance is not indicative of future results. This content is for informational purposes only and does not constitute legal or investment advice.#MoneyNotMath #RetirementPlanning #FiduciaryAdvisor #InvestSmart #LongTermThinking #MarketVolatility #FinancialWellness #EmptyNesters

Feeling the ups and downs of the stock market? 🌊 Don't worry, you're not alone! Check out these five essential strategies to help you ride the market roller coaster:1. Embrace the Long Game: Investing is a marathon, not a sprint. Focus on your long-term goals and checkout the Probability of Positive Returns graph I highlight in the video.2. Diversify Your Portfolio: Spread your investments across various asset classes to reduce risk.3. Rebalance Periodically: Keep your portfolio in check by adjusting your asset allocation regularly.4. Tune Out the Noise: Limit exposure to financial news that can cause unnecessary stress.5. Harvest Tax Losses: Use market downturns to your advantage by offsetting gains with losses.Stay calm and invest wisely! 💡💪Thank you for taking the time to watch or listen to today’s Money Not Math episode. Please help me provide more value to more people by sharing it with a friend, sharing it on your social media page and commenting with a question or thought. Or, if you would like to ask me a question privately or schedule a meeting, please email me at drew@5stonefinancial.com.Articles referenced: https://www.morningstar.com/markets/5-strategies-riding-market-roller-coaster?utm_source=eloqua&utm_medium=email&utm_campaign=MorningDigest&utm_content=None_62390&utm_id=32286 www.ftportfolios.com Disclaimer, this content is not legal, tax, or investment advice. You should always consult a qualified professional regarding your personal situation.