Since March of 2020, we have entered a different world and a new normal. These changes have caused many people to wonder if they can retire now. Taylor and Brad discuss some of the situations that have been presented to them over this past year and how their Retire ASAP process can help you determine if you have the means to retire right now. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Retire ASAP with Taylor Fike

Ep 55: Is Today The Day To Retire?

On today's show, we discuss the 5th and final dumb thing that smart people tend to believe. It can be easy to work towards a large number and believe that you will be set once you achieve that goal. But retirement is not just about money and this can leave many people feeling unfulfilled. We discuss why it's just as important to plan what you are going to do with all of your extra time instead of just focusing on your retirement account balances. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 54: 5 Dumb Things Smart People Believe - A Lot Of Money Leads To A Great Retirement

Often times when you turn on the TV or scroll through the internet, there's always someone who promises they can help you time the market for the biggest financial gains. But Taylor and Brad are here to tell you that these market secrets aren't always true, and how you can make the most of your investments. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 53: 5 Dumb Things Smart People Believe - Market Timing

One of the biggest misconceptions we see about retirement planning revolves around the 401(k). Many people believe that if they match what their employer is putting in, with no extra contributions, they will be fine. Taylor and Brad discuss why this won't work and the possible repercussions of relying solely on this method for your retirement savings. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 52: 5 Dumb Things Smart People Believe - My 401(k) Is Enough To Retire On

Last week, we focused on a conservative investment, now we shift gears and focus on the riskier side of investments. Many people feel that they can pick a few great stocks and then get rich quick. But there are very little instances where this actually works out and most of the time, you end up losing money by putting all your eggs in one basket. We will discuss the dangers of stock picking and why it has no place in a comprehensive retirement plan. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 51: 5 Dumb Things Smart People Believe About Stock Picking

We kick off our new series by discussing the polarizing topic of annuities. Some claim that annuities are the greatest investment on in the world, while others claim that they are terrible. Taylor and Brad will discuss some common misconceptions pertaining to this investment and how you may be able to properly utilize an annuity in your financial plan. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 50: 5 Dumb Things Smart People Believe About Annuities

Everybody is knowledgeable and well informed about something in life. This could pertain to a career, hobby, etc. However, this does not make you any less susceptible to dumb, or misunderstood ideologies about finances that many people fall victim to. On this episode, we discuss why we decided to make this our next series and why some of these ideas may have formed. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 49: 5 Dumb Things Smart People Believe

We are no stranger to scams in this day and age. We receive robo calls, emails, texts, that all try to make you give away sensitive information. Not all scams are this blatant. There are people in the investment world that do not have your best interest in mind and just want to use your hard earned money for their benefit. Taylor and Brad discuss some of the situations they have witnessed over the years and the ways you can verify the legitimacy of a financial advisor. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 48: How To Avoid Investment Scams

As we see the world getting back to some form of normalcy, we are emerging with new habits we have gained over quarantine. Many families found themselves spending on just what they needed and not as much on what they wanted since everything was shut down. We want to look at some of the financial lessons that the lockdown and pandemic has taught us and why you may want to keep these habits up moving forward. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 47: Financial Lessons From Quarantine

The topic of inflation has been getting a lot of attention from the mainstream media lately. People are worried that inflation is going to continue to rise and skyrocket. As with any piece of news media, it's important that we take a step back and look at what's actually going on to see if it should be a top concern. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://mailchi.mp/fikeadvisors/your-early-retirement-map Call: 330-264-1100

Ep 46: What Do I Do About Inflation?

This is the second and final episode of our personal finances stepping stones series. Last time, we discussed the importance of getting debt payed off and starting your emergency fund. Once you pay off your short-term debt, you have freed up some extra income to do with as you please. Taylor and Brad will discuss some smart financial strategies with this newfound, extra capital and the importance of keeping the big picture in perspective. Important Links: Debt Video: https://www.youtube.com/watch?v=1wLqH-5PkO4 Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://66elrgll.pages.infusionsoft.net/ Call: 330-264-1100

Ep 45: Personal Finance Stepping Stones, Part 2

It can feel overwhelming to know where to start when you are trying to get your personal finances in order. There are many popular financial talking heads promoting different methods and products, and it can be difficult to tell what is just noise. Taylor and Brad compiled a list of the most helpful advice they found to help you get started when organizing your personal finances. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://66elrgll.pages.infusionsoft.net/ Call: 330-264-1100

Ep 44: Personal Finance Stepping Stones, Part 1

A third stimulus payment recently went out to a large amount of Americans under the American Rescue Plan that was passed. The show has received a few questions about what to do with the stimulus money, so Taylor and Brad will run through some ways you can spend, save, or invest that money on today's show. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://66elrgll.pages.infusionsoft.net/ Call: 330-264-1100

Ep 43: What To Do With Your Stimulus Check

We've discussed many times on the show, the necessity to stay active with your mind in retirement, but it doesn't hurt to also be physically active as well. We sit down with Clay Ream on today's show to talk about his journey with physical fitness and how Crossfit exercises can be modified to meet you where you are. Important Links: Crossfit Wooster Website: https://www.crossfitwooster.com/ Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://66elrgll.pages.infusionsoft.net/ Call: 330-264-1100

Ep 42: Physical Fitness In Retirement With Crossfit Wooster Head Coach Clay Ream

Annuities are a hot topic in the financial industry. Some people talk about how much they love them, while others say to stay away from them at all costs. But which side should you believe? Today Taylor discusses the pros and cons to different annuities and how he has used them in his practice in a retirement plan. Important Links: Taylor's Website: https://www.fikeadvisors.com/podcast Retire ASAP Toolkit: https://www.fikeadvisors.com/what-we-do/retire-asap/ Get Taylor's Book: https://amzn.to/3p60DIp Your Early Retirement Map: https://66elrgll.pages.infusionsoft.net/ Call: 330-264-1100

Ep 41: Does An Annuity Fit Your Retirement Plan?

Financial and retirement guidance from Taylor Fike, retirement specialist at Fike Advisors in Wooster, OH. Each episode will cover important financial planning topics like taxes, investing, building wealth, distributions, and more. Our goal is to help you get freedom from work as soon as possible.