Retire With Integrity Podcast with Brian Bowen

What can the game of golf teach us about retirement planning? Get Additional Information: https://financialplanningva.com/podcast/  

Well, you’re retired. Now what? Some people subscribe to the “first year rule,” which says that the majority of your best retirement months will all take place in the first year of retirement. So how can you be strategic during that first year and set the tone in the right way, both emotionally and financially? Get Additional Information: https://financialplanningva.com/podcast/

If you’re heading out on a road trip, there’s a long checklist of items that you want to be sure you haven’t forgotten. And in retirement planning, some of those exact same items need to be addressed. Let’s look at some of the items that should appear on both your road trip checklist and your retirement planning checklist… Get Additional Information: https://financialplanningva.com/podcast/

Let's take a look at some of these classic Beatles lyrics from approximately sixty years ago and see if they might relate to your financial plan today… Get Additional Information: https://financialplanningva.com/podcast/

Let’s take a look at another best-selling book to see how many of these principles align with what a financial advisor has to say. Ramit Sethi, a Stanford grad who claims most money advice is outdated, wrote the book, “I Will Teach You to Be Rich” and then went on to host the Netflix show, “How to Get Rich.” Let’s explore a few of his concepts… Get Additional Information: https://financialplanningva.com/podcast/

When most people think of milestone ages, they think of ages like 50, 60, 65, or 70. But turning 62 can also be a big milestone, and the decisions you make in that year can set the stage for many of your retirement plans. Let’s talk about some of the reasons it can be a milestone and questions you need to have answers to… Get Additional Information: https://financialplanningva.com/podcast/

Today on Retire with Integrity, Brian welcomes a special in-studio guest, attorney Daniel Crandall Esq.- a respected personal injury lawyer with over 45 years of experience in Roanoke Valley. They discuss how legal expertise and thoughtful planning can protect your assets, especially when dealing with injury settlements and tax considerations. Plus, Daniel shares his inspiring journey to owning a successful law firm that’s helped countless families over the decades. Get Additional Information: https://financialplanningva.com/podcast/

We have another in-studio guest with us today! Zach Shaffer joins Brian to share his journey from learning and growing in business to owning multiple successful ventures, including an AAMCO Transmissions franchise. Get Additional Information: https://financialplanningva.com/podcast/  

A lot of people have questions about their retirement plan, but we find that they could often be asking much better questions… Get Additional Information: https://financialplanningva.com/podcast/  

Today, Brian sits down to chat with Ty Walker of Smoke In Chimneys, an abandoned 1930s trout hatchery reborn in the hills of the Appalachia.  Get Additional Information: https://financialplanningva.com/podcast/  

An increasing number of Americans are reaching millionaire status. What are some of the most common strategies they're using to achieve this? Get Additional Information: https://financialplanningva.com/podcast/      

In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss the current state of Social Security and its implications for retirement planning. They explore the importance of having a comprehensive financial plan that includes considerations for estate planning, wealth management, and lifestyle changes in retirement. The conversation emphasizes the need for proactive health and fitness strategies to enhance the quality of life during retirement, as well as the significance of charitable giving and family support in financial planning. 00:00 The State of Social Security and Retirement Planning 09:56 Understanding Wealth Management and Estate Planning 20:12 Navigating Retirement Transitions and Lifestyle Changes 29:58 Health and Fitness in Retirement: A New Perspective

In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss the complexities of Social Security taxation, the importance of financial planning, and strategies for navigating business and real estate sales. They emphasize the need for proactive tax planning to avoid unnecessary losses and highlight the hidden fees in investment products that can erode retirement savings. The conversation also touches on the significance of understanding one's financial situation and the potential for tax efficiency through various strategies.

In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss various financial strategies for the new year, focusing on investment approaches, diversification, tax planning, and the importance of holistic financial planning. They explore the challenges of retirement savings across different states, the high cost of living in places like Hawaii, and the necessity of risk management in investment portfolios. The conversation emphasizes the need for asset protection and building wealth outside of traditional retirement accounts, encouraging listeners to think about their financial futures with a comprehensive approach.   00:00 - New Year, New Financial Resolutions 02:54 - Investing Strategies for 2024 05:46 - Diversification Beyond the Stock Market 08:48 - Tax Planning Essentials for 2024 12:08 - Retirement Savings by State 14:53  -The Cost of Living in Paradise 18:14  -Risk Management in Investment Portfolios 20:57 -Holistic Financial Planning Approach 24:08 -The Importance of Asset Protection 26:54 - Building Wealth Outside Retirement Accounts

In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss the pressing concerns of retirees, particularly focusing on inflation, long-term care, and the dynamics of the real estate market amidst fluctuating interest rates. They explore how these factors impact retirement planning and the financial security of older Americans, emphasizing the importance of proactive financial strategies.

This week Brian discusses the pros and cons of using HELOCs, emphasizing the importance of using the funds wisely and considering the potential risks. He also explains the benefits of seller financing in real estate transactions and highlights the tax advantages it offers. Additionally, Brian discusses the impact of interest rates on different types of investments and provides insights into making sound financial decisions. 00:00 Introduction 00:49 Discussion on Home Equity Lines of Credit (HELOCs) 02:10 Exploring the Benefits of Seller Financing in Real Estate 06:13 Impact of Interest Rates on Investments 09:03 Considering Tax Implications in Financial Strategies

Brian and Brett are back and in this episode they discuss the anticipation and anxiety surrounding a potential interest rate cut by the Federal Reserve in September.  Thery explore the impact of interest rate cuts on the economy, investors, and savers. The conversation also touches on topics such as mortgage rates, inflation, and the future of Social Security. Additionally, the hosts discuss the importance of financial education and mindset in achieving financial goals.    00:00 The Anticipation and Anxiety of an Interest Rate Cut 01:57 Buying Opportunities in a Market Downturn 03:23 The Impact of Lower Interest Rates on Borrowers and Savers 04:23 The Current State of Mortgage Rates 09:34 Inflation and its Effect on Middle-Class Americans 15:18 The Importance of Financial Education and Mindset

In this episode of the Retire with Integrity podcast, Brian Bowen and Brett Sharp discuss the role of finance in retirement confidence. They share a story about a prospective client who was confident in his investment portfolio but had not considered tax planning or other strategies. They emphasize the importance of financial planning beyond just investing, including tax planning, estate planning, and building wealth through various avenues. They also discuss the difference between investing and saving, and the need for super savers to be more open to taking risks. The episode concludes with a discussion on different investment scenarios based on the timeline of needing the money.   01:28  The Core of Financial Planning 05:18  Investing vs. Saving 10:01  The Impact of Competition in Finance 14:10  Taking Risks as a Super Saver

In this episode, Brian Bowen and Brett Sharp discuss the importance of being a good financial role model for children, the challenges of retirement planning for business owners, and strategies for protecting and growing business assets. They also cover the topic of emergency savings, the role of Social Security in retirement planning, and the concept of single premium immediate annuities (SPIA) for retirement income.    00:00  The Importance of Being a Financial Role Model for Children 03:15  Challenges of Retirement Planning for Business Owners 06:34  Strategies for Protecting and Growing Business Assets 11:18  Understanding Emergency Savings and Financial Preparedness 13:46  The Role of Social Security in Retirement Planning

In this episode, Brian Bowen and Brett Sharp discuss the possibility of interest rate hikes by the Federal Reserve and the impact on the economy. They emphasize the importance of individuals taking control of their own financial lives and increasing their financial IQ. They also discuss the significance of understanding clients' fears, conflicts, and dying wishes when working as a financial advisor. Additionally, they touch on the topic of Social Security benefits for married couples and the potential tax benefits of not being married.    00:00 Introduction and Speculation on Interest Rate Hikes 03:13 Taking Control of Your Financial Life 06:06 Understanding Clients' Fears and Conflicts 09:28 Social Security Benefits for Married Couples