Another Day In Retirement Paradise with Eric Judy

Today we’ll talk about some of the situations where you might be inclined to take the immediate benefit, when you should really consider the delayed rewards. As we go through these eight situations, a few of them might seem pretty straightforward while others might not be as obvious.

Here’s some of what we discuss in this episode:

• Why you never want to pass up on a 401k match.
• The power of using a Roth rather than deferring taxes...

Ever thought that minor tweaks in your financial plan could lead to major wins? In this episode, we're exploring the surprisingly powerful world of simple financial adjustments. From overlooked savings tricks to smarter insurance choices, we're unpacking those seemingly small steps that can bring about big, positive ripples in your financial life.

Here are the small steps we’ll explain today: 

Keeping the right amount in c...

Join us for a thoughtful episode where we unpack our 2023 edition of key year-end planning strategies for those nearing or embracing their retirement years. We'll explore the nuances of optimizing your investment portfolio, safeguarding your assets, and ensuring a stable, rewarding lifestyle in the years to come. 

Here’s some of what we discuss in this episode:

• What rebalancing means and why you want to make sure y...

On today’s episode explore some real-life stories of regret and arm yourself with the essential dos and don'ts to ensure your money works for you, not against you. We’ll cover some important planning areas so whether you’re near retirement or already enjoying the next phase of life, this show will provide valuable financial insight. 

Here’s some of what you’ll learn today: 

• Why you need to have a plan for your IRA withdrawa...

On this episode, we’re going to tackle these questions that might not get much attention ahead of retirement but are essential to success in that next chapter of life. Much of what we’ll take you through will affect the key areas of planning so make sure you’re asking these questions well ahead of the day you want to retire. 

Here’s are the questions we want to address today: 

• How much are my tax-deferred savings going to co...

Are you over 55 and pondering retirement? Dive into the world of Required Minimum Distributions (RMDs) with us. In this episode, we demystify the reasons behind mandatory withdrawals from your retirement savings. 

Here are a few of the things you’ll learn in this episode:

• What are RMDs and why are we required to take this money out?
• Is there any way to avoid taking RMDs?
• What are the biggest risks you face by not planning...

Retirement is a unique journey for each of us. The thought that there's a one-size-fits-all solution is a myth, but what if we told you there are certain universal truths that can guide every retiree? 

Dive deep in this episode, where we juxtapose the individuality of retirement plans with the foundational principles that remain consistent across the board.

So don't miss out on this episode as we equip you with the knowledg...

Working with a financial advisor should allow you to build a plan you understand well and feel comfortable with moving forward towards retirement. But not every client-advisor relationship is perfect and there are reasons why people aren’t always happy with their plan.

In this episode, we tackle the common complaints and fears about financial situations during retirement. We'll discuss which concerns are well-founded,...

In today's episode, we'll explore the sensitive and significant process of transitioning from one financial advisor to another. We'll cover how to recognize when your current advisor may no longer be serving your financial needs effectively, the right questions to ask, and crucial factors to consider when searching for a new financial partner.
 

Here are some of the things you’ll learn in this episode:

• Why we o...

From figuring out the right time to be debt-free and when to adjust your portfolio risk, to deciding when to plan for your Social Security benefits or healthcare coverage, this episode guides you through the ideal timeline for each. Tune in to find out how far away from retirement you should have answers to these pressing questions.

Here are some of the things you’ll learn in this episode:

• When should you aim to be debt...

In this episode, we'll uncover the secrets of guaranteed income versus the uncertain stuff and shed light on the consequences of retiring without a clear income plan. Don't worry if you're feeling lost - we've got your back with practical solutions and expert guidance. Tune in and take charge of your retirement cash flow!

Here are some of the things you’ll learn in this episode:

• The different types o...

In this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement.

Here are some of the things you’ll learn in this episode:

• The different housing expenses that could have a significant impact. 
• Once...

Celebrate the spirit of July 4th with our latest episode as we tackle the concept of Financial Independence. While the American colonists fought for freedom from British rule, we’re here to discuss what you’re striving to be independent from in your retirement. We’ll unveil the common foes you’ll face on the journey. And good news, no muskets required for these battles.

Here are some of the things you’ll learn in this epis...

We’re excited to welcome you to the first episode of our podcast, which we hope will be a great place for you to learn more about us and allow us to pull back the curtain a bit on what we do day-to-day for our clients. 

To kick things off, we want to introduce you to the host of the show and our business. This episode will give you some of the backstory on Eric and how he got into the financial planning business, and it will also pr...