Healthy, Wealthy, & Wise Retirement Podcast

This is a quick impromptu episode where I hopped on the microphone after a couple of client meetings to share some thoughts. In the first half, I talk about the role of the advisor, specifically how it’s important for advisors to push back and challenge clients who have strong convictions regarding how to best invest their portfolio. At the end of the day, it’s the client’s money and they have the final say in how to invest, but I think it’s through this push-pull dynamic that we can arrive at the best answers. In the second half of this episode, I share my screen to walk through our Retirement Risks Analysis, which is a complimentary service we offer prospective clients. This is a review of 15 retirement risks, each color-coordinated so you can quickly identify strengths and weaknesses in your planning. This process helps us mutually determine if there is a good fit for a working relationship, and gives us some specific areas to improve so we can hit the ground running. I hope you enjoy this episode, and if you’d like your own Retirement Risks Analysis personalized to you and your situation, get started with the “Share More & Get in Touch” link below, or shoot us a quick email with “Retirement Risks Analysis” in the subject line. *this episode was recorded in video format, so you'll get the most out of it by visiting our YouTube Page and watching there Connect with Loren: Share More & Get in Touch Podcast Page Email: hello@integrityguidance.com 

On today's episode, Perry Ross, worship minister at Lutheran Church of Hope in West Des Moines, Iowa was kind enough to share his love of music with us all. Perry shares stories about how he got into music, how he came to his current position with Hope, and even answers some "off the cuff" listener questions that we received. I hope you enjoy this relaxing, long-form interview with Perry Ross!  Connect with Loren: Share More & Get in Touch Podcast Page

I'm excited to share Part II of my conversation with Ph.D. Alex Murguia. Alex is a "go-to" expert when it comes to any finance-related topic, as he has a unique ability to combine an academic proficiency with humor and real-world experience. I hope you enjoy today's show, and don't forget to take advantage of completing your own RISA Assessment too!  *this episode was recorded in video format: YouTube On today's show, we discuss: 1) Does our tolerance for market turbulence change throughout retirement?  2) Why is it so important to identify our "retirement income style" (and what are the 4 styles)? 3) Instead of unproductive behaviors like trying to time the market, what are some worthwhile steps we can take in retirement? 4) Why is it important to know your plan's "funded ratio," and what are some of the shortfalls of the more traditional approach called "probability of success?"    *Take a complimentary RISA Assessment   Connect with Loren: Share More & Get in Touch Podcast Page   More from Alex: Retirement Researcher Retire with Style Podcast

Today, I have the pleasure of welcoming Ph.D. Alex Murguia to the show. Alex is the CEO of Retirement Researcher and Managing Director of McLean Asset Management, an investment advisory firm based in Tysons, Virginia. He has been published in the New York Times, the Wall Street Journal, speaks at several financial conferences, and founded a financial planning software which helps retirees learn which retirement income strategies best fit their personalized style. *this episode was recorded in video format: YouTube On today's show, we discuss: 1) What actually is market volatility from an academic perspective? 2) What are some "market drivers" and is it worth trying to gauge them? 3) How much does the market move in absolute terms in order to our net gain or loss at the end of the year? 4) What are some biases we all have as investors (loss aversion, anchoring, survivorship, and action bias)?   *Take a complimentary RISA Assessment   Connect with Loren: Share More & Get in Touch Podcast Page   More from Alex: Retirement Researcher Retire with Style Podcast

Today, we wrap up with Part II of my conversation with Jacob Schroeder of Kiplinger. We continue discussing the concept of "F.I.R.E." -Financial Independence, Retire Early. We talk about: -How FIRE participants can access funds prior to age 59 1/2- "Rule of 55" & "SEPP 72(t)" -What are some common characteristics of people who successfully implement a FIRE strategy?  -What if you are retired and bored? *this episode was recorded in video format, and will soon be available on our channel: YouTube   Connect with Loren: Share More & Get in Touch Podcast Page   More from Jacob Schroeder: Substack | LinkedIn Kiplinger Articles

Welcome back! I've been away for a bit, but ready to swing into another year of podcasting, and I have a lot of interviews lined up that I'm excited to share. For today's episode, Jacob Schroeder of Kiplinger returns to the show to share some of his research on the FIRE movement, which stands for "Financial Independence, Retire Early." We talk about:   -What is FIRE and why do people get so excited about this? -On the flip side, what are some of the pitfalls of a FIRE strategy? -What is "Barista FIRE" and how is this different? -Why your risks can be magnified by retiring early, particularly "longevity risk." -How do FIRE enthusiasts flip the switch from saving and investing, to enjoying the fruits of their labor? *this episode was recorded in video format, and will soon be available on our channel: YouTube   Connect with Loren: Share More & Get in Touch Podcast Page   More from Jacob Schroeder: Substack | LinkedIn Kiplinger Articles

Welcome in as we wrap up our conversation with Isaiah Douglass of Swan Bitcoin. Be sure to check out Part One if you missed it, as we lay the groundwork by discussing what Bitcoin is, how it's different than the broad term "cryptocurrency," whether or not it's too late to invest, and much more! For today's episode, we tackle some of the below questions: -How does the current political landscape impact Bitcoin? -How much should investors allocate to Bitcoin? -Where could Bitcoin realistically get to in the next 10 years? -And since this has been a very pro-Bitcoin conversation, I ask Isaiah to present his strongest argument AGAINST Bitcoin. We will tackle additional challenges to Bitcoin in a future episode, but I found this interesting as Isaiah shared a concern that wasn't on my radar. *this episode was recorded in video format, and will soon be available on our channel: YouTube   Connect with Loren: Share More & Get in Touch Podcast Page   More from Isaiah Douglass: Twitter | LinkedIn Swan Private Learn Bitcoin (805) 410-3195

Welcome in as Isaiah Douglass of Swan Bitcoin joins the show, and we begin our two-part conversation on one of our most frequently requested topics- Bitcoin.   Questions we cover: -What is Bitcoin and why has it gained in popularity? -How is Bitcoin different from the broad term "cryptocurrency?" -What problems does Bitcoin solve? -What are the characteristics of an "ideal" currency? -Does Bitcoin have more of a track record than we might think? -How much of a portfolio should be allocated to Bitcoin? -Is it too late to invest in Bitcoin? *this episode was recorded in video format, and will soon be available on our channel: YouTube   Connect with Loren: Share More & Get in Touch Podcast Page   More from Isaiah Douglass: Twitter | LinkedIn Swan Private (805) 410-3195

Welcome in as my friend Neil Wilding joins the show to discuss the upcoming election, our country’s budget obligations, and how taxes fit into this election and beyond. This is a bit of a marathon episode as we have a lot to cover, some of which includes: -discussion about "tax risk" -mandatory spending vs. discretionary spending -discussion about "legislative risk" -Tax Cuts & Jobs Act (TCJA) *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   More from Neil Wilding: Request Your Copy of “The New Holistic Retirement” *email Hello@IntegrityGuidance.com for your free copy

In today's episode, I have a conversation with a good friend and mentor, Terry Butler. Terry has a special talent for delivering his message with both accuracy and passion.  Today, Terry tells us how two of his passions intersected in Ghana, by sharing the good word and bringing clean water to a country in need. This is a conversation I'm sure you will enjoy, and if you feel moved to get involved, we've included links below where you can donate and learn more. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Donate to the clean-water cause: Make a Donation Learn More

In part II of my conversation with financial advisor Reed Rinderknecht, we discuss the firm he is with called Foster Group. Foster Group is right here in West Des Moines, Iowa, and has been serving the community since 1989 (with the name change to "Foster Group" in 2001). We talk about their process and investment philosophy, the type of clients they work best with, their fee structure, and much more. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Reed: Foster Group

Today I had the privilege of talking with Reed Rinderknecht of Foster Group in West Des Moines, Iowa. Reed brings a life experience that is tough to match, as he is the most tenured advisor at Foster Group, dating back to 1997. He also has a unique background as he's played for an Iowa Hawkeyes team that visited the Rose Bowl, competed in more than 80 triathlons, and has a love of flying, so he shares with us some of his experiences as a pilot. I hope you enjoy the conversation, and stick around for Part II where Reed tells us more about Foster Group and who they serve. And of course, don't hesitate to reach out if you have any questions or would like to connect with Reed. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Reed: Foster Group

For part II of my conversation with Jim Sandager, we talk about Jim's journey within the financial planning industry, and highlight his firm called Wealth Enhancement Group.  Enjoy the conversation, and don't hesitate to reach out if you have any additional questions for Jim. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Jim: Wealth Enhancement Group

This episode, I had the privilege of talking with Jim Sandager of Wealth Enhancement Group. We hold off on talking business until Part II of our conversation, and instead, discuss Jim's journey to Mt. Kilimanjaro. Jim shares with us his story of climbing Mount Kilimanjaro with his son in January of 2023. We talk about his preparation for the climb, the amazing experience itself, and the memories and lessons he learned that will stick with him for a lifetime. *This episode was recorded in video format, so if you'd like to watch, find us on YouTube Also, check out the show notes where you can find a PDF Jim was kind enough to share with us, which includes pictures and highlights 14 lessons to live by.   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Jim: Wealth Enhancement Group

This episode is part II with Adam Obrecht, founder and financial advisor of AO Wealth Advisory located in Urbandale, Iowa. We talk about the origin story of why Adam launched AO Wealth, the types of clients they work best with, and what makes them unique.  You can find more about AO Wealth Advisory via the link below. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Adam: AO Wealth Advisory

Today, I sit down with Adam Obrecht, who is the founder and a financial advisor with AO Wealth located in Urbandale, Iowa. But instead of discussing Adam's advisory firm just yet, we start with a conversation about one of Adam's passions, aviation. We talk about how Adam got his start into flying, and how others can get started if they would like to explore the hobby. We also talk about some of his most memorable flights, and what he's learned along the way.  If you are searching for an exciting new hobby, this episode just might be for you! *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Adam: AO Wealth Advisory

In this episode, we continue the conversation with Jason Gunkel, who is a financial advisor with a West Des Moines firm called Syverson Strege. Jason gives us an overview of Syverson Strege, we talk about how they are unique and who they serve as clients, and Jason shares his plans for a podcast of his own, called Prayers & Profits. And although Syverson Strege is technically a competing firm, I have a lot of respect for Jason and the work they do. We understand that not everyone is going to be the right fit with Integrity Wealth Management, and in those cases, we'd rather point you in the direction of firms who may be a better fit. *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Jason: Prayers & Profits- podcast coming soon Jason's Bio

In this episode, we have a friend and fellow financial advisor, Jason Gunkel join the show. In addition to being an advisor, Jason wears the hat of Chief Investment Officer at a West Des Moines financial firm called Syverson Strege. Syverson Strege has began to implement extended time off, or sabbaticals, as something their advisors can take advantage of. Last summer, Jason took his 6-week sabbatical away from work, and he was kind enough to share his experience and what he learned. And while Syverson Strege is technically a competing firm, I have a lot of respect for this group and the work they do. Our follow-up to this episode will be a Part II in which we let Jason talk more specifically about the firm, what they do, and who they work best with.  *this episode was recorded in video format, so if you'd like to watch, find us on YouTube   How To Rest- Sermon by Jeremy Johnson   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Jason: Prayers & Profits- podcast coming soon Jason's Bio

Last episode, we discussed RISA®- Retirement Income Style Awareness. If you haven't taken advantage of completing this for yourself, you can still do so here: RISA® Assessment On this episode, we wrap up with some follow up questions for Wade that you will not want to miss! Discussed on today's show: Wade shares his thoughts on annuities and if they should have a place in a person's retirement planning. Wade discusses the topic of reverse mortgages through the lens of financial planning, rather than as a "last resort." We then spend some time discussing the often used industry term "Fee-Only" and whether this truly eliminates conflicts of interest with an advisor.  We wrap up by discussing some commonly overlooked or misunderstood tax strategies for retirees- preferential income stacking, the Social Security tax torpedo, Medicare IRMAA, Required Minimum Distributions (RMDs), and how the "widow's penalty" can further disrupt your tax obligation if unaccounted for.   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Wade: Retire With Style Podcast Retirement Planning Guidebook (and more)

On this episode, I'm excited to share my conversation with Wade Pfau to discuss RISA®- Retirement Income Style Awareness. Wade is a bit of an icon in the financial planning space. If you want to dive deep into any financial topic, it's likely Wade has spent hours studying the research and can explain the pros, cons, and complexities of the situation. I've thoroughly enjoyed getting to know Wade, and I'm excited to share his RISA® technology with you.  As a special gift, we've also given listeners the opportunity to take the RISA® Assessment themselves. Thanks for listening, and I hope you enjoy! Discussed on today's show: We talk through Wade's journey to create RISA® and what surprised him during his research Wade explains how knowing your RISA® profile can help you tell if you're "speaking the same language" with others We then spend most of our time talking through the 4 RISA® profiles- where they overlap and where they differ  We wrap up this episode by discussing how the RISA® assessment helps advisors from imparting their own biases onto clients   Connect with Loren: Share More & Get in Touch LinkedIn: Loren Sherman Podcast Page   Connect with Wade: Retire With Style Podcast Retirement Planning Guidebook (and more)