Money Made Modern with Sheridan Murphy

In this episode of Money Made Modern, Sheridan Murphy discusses the critical importance of year-end tax planning for retirees, emphasizing the need to make smart tax moves before December 31st. The conversation transitions into understanding retirement income needs, highlighting that there is no one-size-fits-all answer to how much money is needed for retirement. The discussion then shifts to navigating the overwhelming financial n...

In this episode of Money Made Modern, Sheridan Murphy discusses the critical aspects of business planning, particularly for business owners. The conversation covers the importance of having a proper business structure, the significance of retirement planning, and the common misconception that a business can serve as a retirement plan. Various retirement options such as SEP IRAs and 401ks are explored, along with practical scenarios...

This episode of Money Made Modern focuses on the importance of insurance products in retirement planning, including annuities, life insurance, and long-term care insurance. Sheridan Murphy explains the different types of annuities, when they are appropriate, and how they can provide guaranteed income. The discussion then shifts to life insurance, detailing various policies and their relevance for families and business owners. Final...

In this conversation, Sheridan Murphy discusses the importance of having a sustainable income plan for retirement. He emphasizes the need for a comprehensive financial review that includes a fee report, risk assessment, and tax analysis to enhance financial efficiency and growth. The conversation highlights strategies to protect retirement investments and increase cash flow, ultimately aiming to take the guesswork out of financial ...

In this episode of Money Made Modern, Sheridan Murphy discusses the impact of market volatility on retirement planning, emphasizing the importance of asset allocation, emotional discipline, and a solid strategy to navigate financial uncertainties. The conversation covers key topics such as inflation, interest rates, and the necessity of having a resilient retirement plan. Listeners are encouraged to take proactive steps in their fi...

In this episode of Money Made Modern, Sheridan Murphy discusses the implications of the current AI surge in the context of retirement planning. Sheridan explores whether this surge is a bubble reminiscent of the dot com era or a genuine technological transformation. The conversation emphasizes the importance of proactive planning, diversification, and understanding behavioral risks such as fear of missing out. They also delve into ...

In this episode of Money Made Modern, Sheridan Murphy discusses the complexities of retirement planning, focusing on the transition from saving to spending, the relevance of the 4% rule, and the importance of customized financial strategies. Sheridan explores various income sources, tax implications, and the significance of long-term care and longevity risk. The conversation emphasizes the need for a flexible and comprehensive appr...

Sheridan Murphy discusses the importance of financial planning for retirement, addressing concerns about market volatility, social security strategies, tax efficiency, legacy planning, and asset placement. The discussion emphasizes the need for personalized financial strategies and the value of proactive planning to ensure a secure financial future. Call 800-910-6286 to see how an independent, product-agnostic approach can turn you...

Sheridan Murphy discusses the critical aspects of retirement planning, focusing on healthcare costs, Medicare limitations, long-term care, estate planning, and the importance of communication in inheritance planning. They emphasize the need for a comprehensive financial plan to navigate the complexities of retirement, including the impact of inflation and the sequence of returns risk. The conversation highlights practical strategie...

Switching from saver to spender isn’t a light switch—it’s a plan. In this week’s Money Made Modern, I sit down with CFP® Sheridan Murphy to tackle the real questions mid-60s retirees ask: “How do I replace my paycheck? From where? And in what order?” We unpack bucket strategies, tax-smart withdrawals, and when tools like Social Security, pensions, annuities, Roth conversions, and HSAs make se...

Sheridan Murphy, a certified financial planner, discusses the complexities of retirement planning, emphasizing the importance of understanding inflation, creating sustainable income, and the role of communication in couples' financial decisions. He debunks the myth of needing a million dollars for retirement, highlights the significance of health and purpose in retirement, and explains strategies like Qualified Charitable Distribut...

Coming up today on Money Made Modern with Sheridan Murphy — many retirees assume their expenses will drop once the paychecks stop, but the reality is often the opposite. Healthcare, taxes, and even family support can make retirement more expensive than your working years. Today, we’re exposing the “retirement mirage” and showing you how to prepare for costs that don&rsq...