Podcast

Ep 71: Inflation Expectations & Implications On Your Investments & Retirement

Your money today will buy less next year. This decline is due to inflation, which is often believed to be the silent killer for a retirement income portfolio over time.

Hear Kevin answer a listener question on inflation and whether the high levels of government spending and rising deficits are likely to lead to high inflation. And, if so, what changes should be made to your planning and investing strategy? Continue reading

Ep 70: Free Money? More Stimulus Checks & Larger Healthcare Tax Credits

The government’s money-printing machine is ripping. Here comes round 3 of stimulus checks and larger healthcare tax credits for many pre-Medicare retirees.

Hear Kevin discuss the 3 rounds of checks, income phaseout ranges, and planning strategies to get yours. In some cases, you may want to file your 2020 tax return sooner and in others, you may want to wait. For many retirees, you may want to modifying your tax-smart distribution plan midyear, lowering our taxable income targets and reducing Roth conversions, to reap benefits. Continue reading

Ep 69: Interview Questions To Ask A Financial Advisor

It’s not easy to hire a professional service provider. Even the most astute consumer only scratches the surface of truly understanding a profession they are not part of. The information gap is huge. So how do you ensure you find a competent and trustworthy advisor?

Hear Kevin nine questions to ask your advisor. He will unpack some of the industry gobbledygook, share disclosures from brand-name Wall Street firms that will surprise you, and help you become a more informed financial-advice consumer. Continue reading

Ep 68: My Journey As A Financial Planner

Fish mislabeling was once rampant in the US. Thought you were getting Red Snapper? Surprise! You get porgy or tile fish. Deceptive marketing for profits at best and exposing consumers to serious health risks at worst,

Sadly, many ‘financial advisors’ are similarly mislabeled and may cause financial harm. Listen to Kevin Kroskey, CFP® and Tyler Emrick, CFP® share a behind-the-scenes conversation on the training (or lack thereof) they received when entering in the profession. Hear what they didn’t know then and what they do know now, as it’ll help you become a more informed consumer. Continue reading

Ep 67: Beyond Diversification: Terminal Wealth Dispersion

Putting the odds of investing and retirement success in your favor should be a given as is being diversified. But what does diversification really mean? Ten stocks? One hundred stocks? Two asset classes or ten?

Diversification is not just minimizing variability or owning the S&P 500. It’s also reducing the risk of underperformance by owning the stocks and assets classes that will deliver higher returns and reducing the variability in dollar outcomes from your portfolio. Continue reading