Just like a football field has 100 yards, we’re celebrating episode 100 of Retire With Freedom! In football, the area from the 20-yard line to the end zone is known as the ‘red zone.’ But what does the ‘financial red zone’ mean, and when does it begin? We’ll dig into that in this episode!It’s also Halloween, so Tad and Toni share a funny story from their early days after college, reminiscing about a memorable couples costume that still brings laughs. Plus, we’ll break down sequence of return ...
In construction, you have general contractors who can handle a range of tasks, and specialists, like electricians and roofers, who focus on one specific area. The same is true in the financial world, which has both general advisors and specialists. This distinction is important when it comes to planning for retirement. In today’s episode, Tad and Toni share real-life stories of clients who, after coming in for their first visit, realized just how thoughtful and specialized retirement pla...
Retirement today is vastly different from what your parents or grandparents experienced. Not only are people working longer, but they’re also living longer, too. With advances in medical technology and an increase in life expectancy, retirement has taken on a whole new meaning.In fact, retirement can often be more costly than your working years, especially with rising medical expenses. That’s why it’s important to have a plan that accounts for not only the expenses, but how long you may need ...
Chess, roulette, and poker are games that illustrate different balances of luck and skill. Similarly, some financial situations can be compared to these games. Join Tad and Toni Hill as they break down some retirement planning decisions you might encounter, and whether those decisions are most like chess, roulette, or poker. When making financial decisions, we strive for as much control as possible- similar to chess, which demands careful analysis and strategy. Partnering with a trusted ...
Neither Freedom Financial Group nor AEWM are affiliated with Anne Moses or Moses & Moses, P.C.In this episode of Retire With Freedom, we welcome Anne Moses from Moses & Moses, P.C. to discuss the vital relationship between your financial advisor and estate planner. It takes a village to get your retirement in order and to ensure you’re leaving your children a legacy that’s a blessing rather than a burden. That’s where the expertise of both your financial advisor and estate planner com...
In the financial world, some people may use fancy terms or phrases that don’t always mean what you think. But when it comes to managing your money, transparency and honesty are key. You deserve to work with someone who tells it like it is.Join Tad and Toni as they dig into why it’s important to truly understand the financial tools you're using, the potential downsides of working with large brokerage firms, and how to know when you’ve found the right advisor for you. Plus, we have a little fun...
Everyone’s personality is unique, and this individuality extends to how we spend money. On this episode of Retire With Freedom, Tad and Toni break down the different spending personalities they’ve observed and highlight the common traits that define them.From the emotional spender, who lets their feelings dictate purchases, to the YOLO spender, who’s always up for a big, flashy buy, they cover a range of behaviors. Do any of these personalities sound like you? Tune in for valuable insights, a...
Basketball legend Charles Barkley, known for his larger-than-life personality and memorable quotes, has left us with plenty of moments that make us laugh or scratch our heads. Although Barkley had a successful playing career, he is perhaps better known for his off-the-court antics in the media world since his playing days have ended. In this episode of Retire With Freedom, Tad and Toni break down some of his best quotes and how they apply to the financial world. For instance, Barkley’s s...
In this episode of Retire With Freedom, Tad and Toni Hill tackle some of the most contentious and misunderstood topics in financial planning. They cut through the noise and address the often-debated "dirty little secrets" of retirement planning, focusing on annuities, the stock market, and other investment tools.Tad and Toni dive into why financial advice can be so polarized, exploring how the agendas of different financial sectors can shape the narratives we hear. Tune in as they provide a b...
When it comes to retirement planning, people often make a few key assumptions. Some think they'll spend less or pay less in taxes, while others fear they may never be able to retire at all. We’ve all heard the saying about what assumptions do, and it’s a good reminder that making them might not be the best approach when it comes to our finances either.Fortunately, Tad and Toni are here to help. In this episode of Retire With Freedom, they tackle these common misconceptions about retirement pl...
Just like the laws of physics, there are some basic laws or principles of finance that should be considered when building your financial plan so you can retire with freedom and have the life you want for yourself. From future tax implications to inflation, there’s much to consider in your financial future. On top of all that, women also play a crucial role in finance planning, yet it’s often the husband who makes the major investment choices. While it varies from couple to couple, it’s i...
Where some people see a crisis, others see opportunity. Some of it has to do with your mindset, some of it might have to do with the circumstances of your life. In this episode, Tad and Toni explore some financial curveballs that might not seem ideal at first, but could lead to a better opportunity for the right person…For example, it can be frustrating to see your long-term care insurance premiums significantly increase. But it could also be just what you needed to start exploring other opti...
We’re taking a break from the financial talk on today’s episode to have some fun getting to know Tad and Tyler. Join us as the duo explores their biggest irrational fears!Tyler kicks off the conversation with her fear of loose hair and recounts a cringe-worthy dining experience that many of us can relate to. Tad then takes us on a trip down memory lane to his high school job at Baskin Robbins, complete with a hilarious and gross tale involving an uncleaned drain. He also shares how his fear o...
Mark Twain has brought wisdom and humor to readers for generations now. But how can some of his most famous words apply to financial decision-making? Join Tad and Tyler Hill as they break down some of Twain’s best through a financial lens. The duo discusses how building a good retirement plan is almost entirely independent of the current political landscape, the importance of being proactive in your retirement planning and focusing on controlling what you can control. Let’s talk abo...
Are you truly ready for retirement? There are some big questions that you should be asking yourself when it comes to your retirement readiness. Join Tad and Tyler Hill as they go through the 9 things that should be on your retirement checklist. Knowing the answers to these questions is key to setting yourself up for financial success!Along with these items, Tad and Tyler also remind us that it's never too late to start planning. No matter where you are in your retirement journey, taking actio...
Moving the goalposts when retirement planning can be a dangerous game and leave you open to some negative financial impacts. This concept refers to the habit of setting financial goals and then shifting them once you get close to achieving them. Having set goals and plans and sticking to them is important as you approach retirement. For example, if you don't make a firm decision to set an alarm, you're likely to sleep in. Similarly, without a firm financial plan, you're more likely to ma...
We’ve got a mailbag edition of the show for you today! One of our listeners, Diane, asks how to approach charitable gifting, as it’s something she’s never been involved with before. Tad, Toni, and Tyler share their experiences with various charities and share some insights on efficient tax strategies for charitable gifting.Then, another listener asks if they should invest the money they make from selling their paid-off house and downsizing to a cheaper condo in the stock market. The Hill fami...
This episode focuses on the constants and variables of retirement, providing insights on market volatility, income planning, and lifestyle analysis.Toni shares a relatable analogy, comparing income planning to cutting a juicy steak on a slippery plate. Without a stable foundation, it's nearly impossible to enjoy the meal. Similarly, a stable and predictable income is important for maintaining your lifestyle in retirement. This foundation allows you to build other financial strategies around i...
We’ve got a mailbag edition of the show for you today! From time to time, we like to answer listener questions here on the podcast. This time, Eric in Hoover asks whether he should start selling off some of his high-performing investments in his IRA to avoid potential losses in the next market downturn. Stay tuned as Tad and Tyler dive into Eric’s situation and share some important considerations when navigating this decision. Then, at the end of the episode, Tad and Tyler share some per...
Procrastination is a natural human tendency, especially when faced with tasks that feel overwhelming. That’s why many people find themselves procrastinating when it comes to creating a retirement plan. While some fear that they are in a worse financial situation than they actually are, others think they don't need a retirement plan until they are on the verge of retiring. The truth is, the earlier you start planning, the better prepared you will be. If you are less than ten years away fr...