Over the last 4 years, hundreds of people have attended our Rock Your Retirement financial education course. As you might imagine, we've collected a lot of questions and while every situation is different, a few are very common among most investors. In this episode, we reveal the most asked questions we get about Social Security, Medicare, investing, and taxes, and provide our answers.

It's All About the $Money, Honey!

Most Frequently Asked Questions, With Answers!

The year 2020 will always be remembered as the year of coronavirus. Of course, it will also be remembered for the financial impacts the virus had on our lives. Social distancing and no travel. An economic shutdown. Millions of jobs lost. Market volatility unseen since the Great Depression. In this special episode, we review the first half of 2020 by looking back on what has happened so far, what we expect to happen in the near future, and how you can position your retirement assets for what comes next.

2020 - The Year The World Changed

How will you pay for retirement? Investments? Real Estate? Minerals? Insurance? These are all great ASSETS to own, however, they may not necessarily create what you really need - CASH. Your ability to live the retirement you've always wanted will depend on your ability to generate income in the form of usable cash. Everything you want to do requires it. In this episode, we'll discuss how much income you might need in retirement, the types of assets that will generate it, and 5 tips for creating lifelong retirement income and financial security.

In Retirement, Cash Flow Is King

It sure can feel good to enter the homestretch to retirement. However, retired life is much different from working life and you need a plan for how you'll live it. Knowing WHAT to do is important, and so is knowing WHAT NOT to do. In this episode, we'll examine 5 key mistakes you need to avoid as you prepare for retirement.

5 Common Pre-Retirement Mistakes

It's estimated that 90% of families in the United States will see their wealth evaporate by the 3rd generation. This means that the wealth you spent a lifetime accumulating will likely be gone by the time your grandchildren control it. It's easy to see why this happens. Families don't talk about money, why it's important, or how to keep it. In this episode, we reveal how to raise money smart kids, why family wealth disappears, estate planning strategies you can use to control your wealth, and a fun way to pass on your family mission and values.

Why Your Wealth Will Disappear

Social Security will provide 40% of the average retiree's income. Medicare will help cover a wide array of medical expenses in retirement for most Americans. Yet, for all their popularity and value, Social Security and Medicare remain two of the most misunderstood and confusing retirement programs. In this episode, we examine the difference between Social Security spousal and survivor benefits, how the year you retire could be bad news for your Medicare premiums, and some strategies for maximizing your Social Security income.

Demystifying Social Security and Medicare

If you're like most people, you have no problem identifying the fears, frustrations, and challenges that keep you awake at night when thinking about your retirement. The real problem is being unable to identify the true source of those feelings. In this episode, we examine what's really causing you to fall short of your retirement goals, how fear can cause you to do nothing, and how a financial advisor SHOULD help you overcome your fears.

The Real Problem

You probably have family and friends who are always willing to offer their opinions. The problem is, they always have reasons for why something CAN'T be done and never any advice for how it CAN. In this episode, we share how to spot someone with a broke mentality, why you may need to get a new group of friends, and why failing puts you in very good company.

Don't Take Advice From Broke People

Anyone can look like a genius when the market is going up. Real success is performing well consistently over time even when the market turns sour. In this episode, we discuss why you are probably focusing on the wrong stock market, the factor that accounts for 92% of portfolio performance, and how to stay in tune with your appetite for risk.

Consistency Always Outperforms Occasional Brilliance

Making mistakes is part of life and so long as you take those lessons to heart, they can be very valuable. However, there are some lessons that have to be taught over and over. When it comes to your money, education can get expensive really fast. In this episode, we explore some of the costliest mistakes people make like accidentally triggering a massive tax bill, claiming Social Security too soon, and not investigating an investment opportunity closely enough.

Education Is Expensive

You will likely earn a lot of money throughout your life. The problem is, a lot of that money will be spent by the time you retire. The only way to stay retired and do it the way you want is to keep a lot of the money you earn. Keep enough of it, and you'll likely end up a millionaire. In this episode, we share simple strategies for keeping more of your money including how to protect it, how to grow it, and how to pay less of it in taxes.

It's Not What You Earn, It's What You Keep

For years, retirement planners relied on widely accepted rules of thumb to create income plans for their clients. The problem with rules of thumb is that everyone has different sized thumbs. In this episode, we examine some of these outdated rules and explore three spending surprises you will most likely face in retirement

3 Retirement Spending Surprises

When are millionaires and billionaires made? Most often, during periods of extreme volatility and uncertainty. When most investors are running for cover, millionaires are running to take advantage of an opportunity. In this episode, we examine the mindset that sets millionaires apart from others, the steps millionaires are taking right now to position themselves in a volatile market, and the three key things millionaires know.

How To Become A Millionaire

History has taught us one incontrovertible truth about the stock market - it always comes back after a crash. The COVID-19 virus is simply the latest disaster, and like all the others before, it will eventually end. The questions are what will the recovery look like and how long might it take? In this episode, we take a look at how the market has responded after past pandemics, what the 2008 Financial Crisis can teach us, and why the market not even care if we enter into a recession.

What Might a Market Recovery Look Like?

The COVID-19 virus has generated an unprecedented amount of news and information around the world. While most of that information is useful and correct, a lot of it is confusing, unclear, or just downright false. It's very difficult to sort through the fact and fiction. In this episode, we examine some of the key things you need to know including recent IRS changes, relief programs for small businesses, and rumors that can have you following bad investment advice.

Misinformation Is Everywhere!

It's the show where fun meets finance. Join The Financial Diva, Victoria Woods, and the King of Finance, Damon King, each week for tips on how to Rock Your Retirement!

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It's All About the $Money, Honey!

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