Claim OwnershipThe Retirement Risk Show
Subscribed: 5Played: 143
Subscribe
© 2024 The Retirement Risk Show
Description
I want to help you eliminate the financial risk facing your retirement. No one is exempt. Many well-planned retirements can be ruined due to some risks. This podcast is your tool for the right education to get you not only to retirement, but help you get through retirement. 68% of retirees say their biggest fear is running out of money during the longest self-imposed unemployment time of their life. Let's help you eliminate as much risk as possible.
135 Episodes
Reverse
In this episode, Dave explores the importance of outlining significant future expenditures and mapping out financial needs for the next 10 to 20 years. The discussion highlights the necessity of diversifying income sources, including Social Security, pensions, rentals, and investments, to mitigate financial risks.Tax planning is a key topic, with insights on minimizing future tax burdens through strategies like Roth conversions. The episode also covers the benefits of Health Savings Accounts ...
Today, we're tackling an especially important topic for anyone thinking about retirement: how much can you safely withdraw from your savings each year without the fear of running out? It's a hot debate and Dave is here to guide us through the conservative versus aggressive withdrawal strategies, their risks, and their benefits.We're also diving into the stir caused by Dave Ramsey's recent comments advocating for an 8% withdrawal rate, which has sparked a lot of controversy in the financial co...
Dave says in this week's episode: "And for some [elders and retirees], it's a time of great loneliness. You've gotten to a point where maybe your whole working career, you were in an office or an environment where you were around people all the time, and now you're home, and all of a sudden those people aren't there every day." Join Dave as he breaks down an eye-opening article from the AARP bulletin for April 2024—Fraud 2024. Scammers are more cunning than ever; leveraging advanced tech...
This episode of the Retirement Risk Show dives into the looming concern of long-term care and rising medical costs. Dave Hall, alongside Brian Britt, addresses a significant retirement challenge—managing the costs of long-term care. Amidst a declining long-term care insurance market, they discuss innovative insurance solutions and the advantageous chronic illness riders now available. Their conversation provides clarity on navigating financial risks that could cost you your retirement. E...
In this episode, Dave brings to light the daunting reality of retirement — a period that could span decades, and highlights the essential resources available on retirementriskadvisors.com, designed to help you navigate retirement risks. As the episode unfolds, Dave and Alisha explore one of the top financial risks retirees face: Social Security. They discuss why the system seems shrouded in complexity, making it challenging for the average person to make well-informed decisions about their be...
In this episode, we take a deep dive into the timeless investing wisdom of Warren Buffett, as presented by retirement risk expert, Dave Hall. Through an in-depth exploration of Buffett's top ten investing tips, we unravel the profound insights on risk management, investment temperament, and the value of sound decision-making. Join us as we dissect these crucial principles and examine their potential impact on your retirement planning and financial security. Key Themes: 1. Retirement...
In this episode, Dave Hall continues the conversation with Brian Britt about the various risks and challenges people face in retirement, particularly focusing on longevity and the crucial role of annuities in providing a secure and lasting income. Brian explains the evolution of annuities, highlighting their transformation from high-fee products to reliable, no-load financial planning tools. The discussion covers the different types of annuities, their benefits, and the strategies for leverag...
In this episode, Dave Hall and Brian Britt delve into the critical topic of longevity risk in retirement. They dissect the financial implications of extended life expectancy and the inadequacies of relying solely on Social Security for retirement income. The conversation underscores the importance of seeking professional financial guidance and building a reliable support system for a success, lasting retirement. Key Themes:1. Longevity risk: Addressing longer-than-expected lifespans2. F...
Dave Hall delves into the critical topic of tax rate risk in retirement. With over 30 years of tax expertise, he breaks down the various taxes retirees may face, from federal and state taxes to capital gains, net investment tax, and more. Dave emphasizes the importance of strategic tax planning, including Roth conversions, Social Security taxation, and the impact of charitable contributions on retirement income. His insights provide listeners with essential knowledge to navigate the complex l...
Dave Hall dives into the evolving landscape of middle-class life and the potential challenges on the horizon. Referencing an article by Cindy Lamoth in Yahoo Finance, Dave examines 7 things that the middle class has historically enjoyed but may soon find unaffordable. From extended family trips to new cars, private school tuition, and health care costs, the episode sheds light on the financial strains that many families may face and how it can impact your retirement planning.Dave emphasizes t...
Dave states, "This program that we call Medicare is far too important to the overall economic health of our country and to making sure retirees are able to maintain steady lifestyles in retirement, that we do expect adjustments to be made."So, what does that mean for your retirement and your Medicare enrollment and benefits? In this episode Dave Hall shares valuable insights into the challenges facing the Medicare program's financial stability and explores potential solutions to address these...
Dave Hall and Brian Britt are back! In this episode, they tackle the ins and outs of the last of the Top Ten Financial Retirement Risks. They cover a wide range of topics, from long-term care challenges and the impact of inflation to the complexities of Medicare and the growing concern of elder abuse. Additionally, they emphasize the significance of income diversity, offering down-to-earth insights to help you safeguard your financial stability during retirement.Key Takeaways: 1. Long-Te...
In our latest installment of the Retirement Risk Show, Dave Hall brings back Brian Britt to delve into the critical topic of retirement planning. They tackle the pivotal shift from the old paradigm of retirement planning to the new, examining the top 10 financial risks individuals encounter during their retirement years. From longevity risk to Social Security risk, tax rate risk, sequence of return risk, and withdrawal rate risk, the conversation offers a serious exploration of the challenges...
In today's episode, host Dave Hall invites back Dr. Peter Lichtenberg, a renowned expert in the field of elder financial abuse, to shed light on this critical issue. Dr. Lichtenberg, a clinical gyropsychologist, discusses the misappropriation of older adults' funds through theft or scams, shedding light on the alarming increase in financial exploitation across all age groups.The conversation delves into the differential impacts of exploitation by a trusted person versus a stranger, highlighti...
In this episode, the show's host Dave Hall and Social Security expert Alisha Wright explore the intricate risks associated with Social Security. They delve into the complexities of claiming benefits, the potential impact of taxation, and the need to view Social Security as just one piece of the retirement income puzzle. With a focus on providing expert insights, they underscore the upcoming Social Security class and emphasize the importance of seeking professional guidance for making informed...
Today, Dave Hall is taking a deep dive into the idea of taking control of your retirement. He's dishing out some valuable insights into the benefits of being in charge, like having more say in your decisions, feeling a deeper sense of satisfaction, and getting the chance to learn from the best in the field. We'll also explore the importance of staying connected and how being the boss can help you secure your legacy. So, kick back, relax, and let's dig into how being at the helm of your retire...
Dave Hall and Christine Lee are here to dive deep into the world of retirement planning. They'll be unpacking the fascinating origins of Retirement Risk Advisors (RRA) and shedding light on the importance of tailoring risk-based retirement plans to suit each individual's unique needs and goals. You'll get to hear firsthand stories from Dave about how RRA came to be, along with insights into the dedicated team that makes it all happen.But that's not all – they'll also be sharing their thoughts...
In this episode, Dave Hall and Brian Britt are tackling the crucial topic of longevity and its impact on retirement. They'll be discussing the evolving landscape of longevity risk, touching on the challenges of long-term care, and delving into the innovative solutions available to address these concerns. Whether you're gearing up for retirement or already enjoying your retirement years, this conversation is packed with valuable insights and strategies to help you make informed decisions about...
Social Security is always a HOT topic when it comes to retirement planning. And that is extremely understandable when over 90% of Americans rely on it for a portion of their retirement. So, in this episode, Dave is joined by Alisha Wright, a Social Security expert and junior adviser for Retirement Risk Advisers. They dive deep into the complex world of Social Security and tackle questions from real listeners. From the impact of Medicare premiums on Social Security benefits to the calcula...
In this episode, host Dave Hall is joined by Christine Lee, the marketing manager of Retirement Risk Advisers. Together, they address a variety of questions on retirement risks, such as longevity, long-term care, and income diversity. They discuss topics like the role of annuities in addressing long-term care, the benefits of permanent life insurance, the diversification of retirement income, the potential of Roth annuities, and much more. Tune in to gain valuable insights into securing a fin...
Comments
Download from Google Play
Download from App Store
United States