Shows
Retirement Answers Today5 Retirement Planning Pitfalls to AvoidIn this episode, financial advisors and retirement planners Jim Martin and Casey Bibb discuss the top five most common and preventable retirement mistakes they encounter, from poor tax planning and early Social Security claims to inadequate investment risk management and healthcare oversight. They provide guidance on constructing a written income plan, optimizing Social Security, and devising a tax strategy to help retirees maintain financial stability. The episode also touches on personal anecdotes and highlights the importance of making well-informed decisions to secure a comfortable and worry-free retirement.
http://retirewithmartin.com/ 2025-05-0531 min
Make Retirement GreatDon’t Let These FIVE Mistakes Derail Your Future RetirementIn this episode, financial advisors and retirement planners Jim Martin and Casey Bibb discuss the top five common retirement mistakes that can derail your plans. They cover poor tax planning, claiming social security too early, ignoring taxes in retirement, taking on the wrong amount of investment risk, and overlooking healthcare and long-term care needs. The episode offers practical tips for creating a written income plan, optimizing social security benefits, managing taxes, balancing investment risk, and planning for healthcare costs in retirement. Tune in to learn how to make informed decisions and ensure a secure and happy retirement.
2025-05-0531 minRetirement Answers TodayChoosing the Best Financial Advisor: Secrets to SuccessThis episode explores the essential considerations for hiring a financial advisor, focusing on understanding your needs and goals rather than jumping into products. The hosts, financial advisors Jim Martin & Casey Bibb, discuss the importance of having a written financial plan, the fiduciary responsibility of advisors, and the key questions to ask when interviewing potential advisors. Additionally, they highlight the significance of finding someone you trust and who communicates effectively, emphasizing that great financial advice should go beyond mere investment suggestions to include comprehensive planning across various aspects of your financial life. The episode includes engaging anecdotes and practical advice...2025-04-2827 minMake Retirement GreatQuestions to Find the Right AdvisorIn this episode, financial advisors Jim Martin and Casey Bibb of Martin Wealth Solutions delve into the importance of selecting the right financial advisor to help you plan your retirement. We break down the key questions to ask and the traits to look for in an advisor, emphasizing the importance of finding someone who is planning-focused, a fiduciary, and aligns well with your personal goals. We also highlight the significance of having a comprehensive, written financial plan that covers more than just investments. Alongside some light-hearted moments, including chicken jokes, the discussion aims to equip you with the tools...2025-04-2827 minRetirement Answers TodayWhere to Retire? Does it make sense to relocate in retirement?In today's episode, financial advisors and retirement planners Jim Martin & Casey Bibb discuss the key steps to preparing for a move to another state in retirement. They cover financial assessments, including understanding state taxes and real estate costs, healthcare and insurance considerations, legal and estate planning needs, and the importance of social networks and community integration. The hosts share practical tips and personal anecdotes to help retirees make informed decisions about relocating, ensuring a smooth transition to their new homes.
http://retirewithmartin.com/ 2025-04-2122 minMake Retirement GreatPlanning Your Retirement Move: Taxes, Healthcare, & CommunityIn today's episode, financial advisors and retirement planners Jim Martin & Casey Bibb discuss the essential steps to prepare for relocating to another state in retirement. They cover key considerations including financial assessment, healthcare and insurance implications, legal and estate planning, and integrating into a new community. They emphasize the importance of understanding state taxes, real estate markets, cost of living, and social security implications. The duo also talks about practical tips like trying out living in the new state for a month and connecting with local social networks. Additionally, they touch on personal stories and the significance of researching...2025-04-1422 minRetirement Answers TodayTax Breaks for Retirees: How to Plan Like the WealthyIn this episode, financial advisors and retirement planners Jim Martin & Casey Three-Point Bibb discuss how taxes can often be the largest expense for retirees and what can be done to mitigate their impact. The conversation covers common tax pitfalls, strategic use of tax-deferred accounts like IRAs and 401(k)s, and effective strategies such as Roth conversions, tax-efficient withdrawal plans, and Qualified Charitable Distributions (QCDs). The hosts provide actionable insights and highlight the importance of working with a tax-aware financial advisor. The show concludes with answers to listener questions about managing old 401(k)s and handling market volatility in retirement.2025-04-0725 minMake Retirement GreatThe Tax Smart Retiree: Tips to Keep More of Your Money in RetirementIn today's episode, financial advisors and retirement planners Jim Martin & Casey Bibb explore how taxes can be a major expense in retirement and discuss strategies to potentially lower your tax bill. We cover tax pitfalls and methods used by wealthy individuals to pay less in taxes, including Roth conversions, tax-efficient withdrawal plans, Qualified Charitable Distributions (QCDs), and tax loss harvesting. Additionally, we delve into the importance of optimizing Social Security and Medicare timing. Jim and Casey emphasize the need for comprehensive financial planning and how utilizing tools like a tax calculator can help retirees plan better. Listener questions about h...2025-04-0725 minRetirement Answers TodayHow the Bucket Strategy Can Transform Your Retirement GameIn this episode, financial advisors and retirement planners Jim Martin and Casey Bibb of Martin Wealth Solutions discuss market volatility and its impact on investors. They introduce the bucket strategy—a method of segmenting investments into short-term, medium-term, and long-term buckets to protect assets and ensure financial stability in retirement. The hosts break down how to allocate funds within each bucket to reduce risk and boost confidence among retirees. Additionally, the episode covers tips for saving money on summer travel, encouraging proactive planning and flexibility for a stress-free journey. Tune in to learn strategies that can help you achieve a...2025-03-3128 minMake Retirement GreatRetire Smart: The Bucket ApproachIn this episode, financial advisors and retirement planners Jim Martin and Casey Bibb of Martin Wealth Solutions discuss effective strategies to help you invest wisely and sleep easy during market volatility. They introduce the 'Bucket Strategy' to manage short-term, medium-term, and long-term investments, and explore how this can ensure a stress-free retirement. Additionally, the hosts delve into financial planning, discussing budgeting for summer travel and smart saving techniques. Listeners will gain valuable insights into achieving financial peace of mind and making retirement enjoyable.
http://retirewithmartin.com/ 2025-03-3128 minRetirement Answers TodayShould You Ever Use Your Roth IRA? (Hint: Yes!)Maximizing Your Roth IRA: When and How to Tap Into Your Retirement Treasure
In this episode, financial advisor Jim Martin and Casey from Martin Wealth Solutions tackle the myths and realities surrounding Roth IRAs. You'll learn the pros and cons of Roth IRAs, why the industry often recommends not touching these accounts, and when it might actually make sense to withdraw from them. The hosts provide insights into strategic Roth IRA distribution, addressing topics like avoiding higher tax brackets, Medicare costs, and Social Security impacts. Additionally, they explore using Roth IRAs for legacy planning and achieving financial independence. The episode...2025-03-2421 minMake Retirement GreatBreaking the Myth: Why 'Never Touch Your Roth IRA' Is Wrong
Ever heard the advice "never touch your Roth IRA"? In this episode, Jim Martin and Casey from Martin Wealth Solutions unpack the truth behind that common piece of wisdom. They’ll guide you through the pros and cons of Roth IRAs, discuss why the financial industry typically warns against withdrawals, and highlight specific situations when tapping into your Roth can actually be a smart move.
You'll discover how strategic Roth IRA distributions can help you avoid bumping into higher tax brackets, reduce Medicare costs, and minimize impacts on your Social Security benefits. Plus, Jim and Casey share in...2025-03-2421 minMake Retirement GreatRetiring Without Retiring: What are Hybrid & Mini Retirements?In this episode, financial advisors Jim Martin and Casey Bibb from Martin Wealth Solutions discuss the emerging trends of hybrid and mini retirements. They explain how many people are now opting to work fewer hours as they age, gradually easing into retirement, or taking extended breaks during their careers for personal fulfillment. The hosts outline the benefits and risks of these alternative retirement strategies, emphasizing the importance of financial planning and health considerations. They offer real-life examples and encourage listeners to assess their career paths and retirement plans for a happier, healthier future.
http://retiresmartscore...2025-03-1723 minRetirement Answers TodayRethinking Retirement: How a Hybrid Retirement Can Change Your FutureIn this episode, financial advisors Jim Martin and Casey Bibb from Martin Wealth Solutions discuss the emerging trends of mini retirements and hybrid retirements. They delve into the benefits and risks of these retirement strategies, such as preventing burnout and improving mental health, as well as the importance of strategic financial planning. The conversation also touches upon maintaining social connections and exploring passions. Additionally, the episode highlights the need for physical fitness at different ages and provides practical tips on staying healthy.
http://retiresmartscore.com 2025-03-1723 minMake Retirement GreatAvoid These FIVE Retirement Planning RegretsIn this episode, financial advisors and retirement planners Jim Martin & Casey Bibb discuss the top five regrets of retirees and provide actionable steps to avoid them. Topics include the importance of saving enough, the implications of claiming Social Security early, the risks of retiring with too much debt, the consequences of retiring prematurely, and the significance of prioritizing health. The hosts also share insights from real-life cases, tips on financial planning, and personal stories to help listeners plan for a secure and enjoyable retirement. Special guest Casey Bibb shares his experience of overcoming the fear of flying. The episode...2025-03-1024 minRetirement Answers TodayTop 5 retirement regrets and how to avoid them.In this episode, financial advisors and retirement planners Jim Martin & Casey Bibb explore the top five regrets retirees often face and provide actionable steps to avoid them. Hosts discuss the importance of saving enough, the risks of starting Social Security too early, the pitfalls of retiring with too much debt, the consequences of retiring too soon, and the necessity of prioritizing health. Real-life examples and practical advice are shared to help you plan for a better retirement. Plus, a fun conversation about flying for the first time and enjoying beignets from New Orleans!
http://retiresmartscore...2025-03-1025 minMake Retirement GreatWill Trump wreck YOUR retirement?In this episode, financial advisors Jim Martin & Casey Bibb discuss how a change in U.S. presidency, specifically under Donald Trump, could impact the stock market and retirement planning. They delve into topics such as the potential extension of the Trump tax cuts and its effects on retirees, the implications of deregulation, concerns about Social Security, the impact of tariffs and trade wars, and how to maintain focus on personal financial goals amidst political changes. The hosts highlight the importance of tax-efficient strategies, diversification, and maintaining a long-term perspective. Join the conversation for a thoughtful analysis on making informed...2025-03-0331 minRetirement Answers TodayHow could Trump impact your retirement plans?In this episode, financial advisors and retirement planners Jim Martin & Casey Bibb discuss the potential impacts of President Trump's administration on retirement planning. They delve into topics such as tax policies, the social security tax, trade tariffs, deregulation, and the effects on the stock market and retirement accounts. The conversation includes insights on the economic landscape and practical advice for retirees to stay focused on long-term plans and tax strategies. The hosts emphasize the importance of maintaining a balanced perspective amidst political changes and media influence.
http://retiresmartscore.com 2025-03-0332 minMake Retirement GreatDon't Give In To Knee-Jerk InvestingIn this episode, financial advisors Jim Martin & Casey Bibb explore the concept of behavioral finance, focusing on how psychological factors like emotions, biases, and cognitive distortions impact our financial decisions. We discuss strategies to gain control over finances and ensure smart investment choices for retirement. Topics include diversifying investments, working with advisors, and overcoming biases such as loss aversion and confirmation bias. The conversation also covers practical tips like automating decisions, setting financial guardrails, and preparing for market volatility. Guest Casey Bibb shares personal anecdotes and emphasizes the importance of educational resources in making rational financial decisions.
2025-02-2427 minRetirement Answers TodayRetirement Emotions: Making smart decisions with your wealthIn this episode, financial advisors Jim Martin & Casey Bibb dive into the concept of behavioral finance and how emotions and cognitive biases shape our financial decisions. We discuss strategies to handle emotional triggers, automation of financial decisions, and the importance of a comprehensive retirement plan. Jim and Casey Bibb share practical tips to stay on track with your retirement goals, balance short-term desires with long-term planning, and avoid pitfalls like confirmation bias, fear of market downturns, and anchoring. The episode highlights the value of diversification, reassessing financial plans, and working with an advisor to navigate the complexities of investment...2025-02-2428 minRetirement Answers TodayWhat should I do with my old 401k?In this episode, financial advisors Jim Martin and co-host Casey Bibb discuss the various options available for managing an old 401k from a previous job. The options include leaving it in place, rolling it into a new employer's plan, cashing it out, or moving it to a self-directed IRA. They explore the pros and cons of each option and provide guidance on making the best decision based on individual circumstances. Additionally, they delve into the intricacies of Social Security survivor benefits and the financial implications of a spouse's death, emphasizing the importance of comprehensive financial planning for retirement.
2025-02-1724 minMake Retirement Great4 Things You Can Do with That Old 401KIn this episode, financial advisors Jim Martin and Casey Bibb discuss the various options available for handling an old 401(k) from a previous job. They explore the pros and cons of leaving it with the old employer, rolling it into a new employer's plan, cashing it out, and moving it into a traditional IRA. The episode also touches on the implications of taxes, investment fees, and risk management associated with these choices. Additionally, they delve into social security survivor benefits and offer insights into planning for a spouse's death to ensure financial stability.
http://retiresmartscore.c...2025-02-1723 minMake Retirement GreatFinancial Advisors Discuss: Top 5 Retirement Planning MistakesIn this episode, we discuss the top five retirement mistakes and how to avoid them, with expert insights from financial advisors Jim Martin & Casey Bibb. Topics include claiming Social Security too early, the importance of a withdrawal strategy, underestimating inflation and healthcare costs, balancing investment strategies, and planning for taxes in retirement. A personal story underscores the importance of comprehensive financial planning. The show also touches on current developments in AI technology and a fun discussion about getting a new Tesla.
http://retiresmartscore.com 2025-02-1027 minRetirement Answers TodayRetirement Pitfalls: The Top 5 Mistakes You Must Avoid!In this episode, financial advisors Jim Martin & Casey Bibb discuss the top five mistakes to avoid when planning for retirement and offer a bonus tip for creating a solid financial strategy. They emphasize the importance of delaying Social Security benefits for maximum returns, developing a comprehensive withdrawal plan, accounting for inflation and healthcare costs, and finding a balanced investment strategy. The discussion highlights the critical role of tax planning and the overall significance of having a detailed financial plan to ensure a secure retirement. Additional dialogues include personal anecdotes, the impact of AI on investments, and the Jim's decision...2025-02-1027 minMake Retirement GreatWhy You Should Emphasize Planning for a Secure RetirementIn this episode your hosts and financial planners Jim Martin & Casey Bibb dive into the importance of creating a financial plan for a secure retirement. They discuss common misconceptions about financial planning, the 3 key elements needed for a robust financial plan, and how such plans can provide peace of mind and permission to enjoy one's retirement funds. Additionally, the conversation shifts to the pros and cons of electric vehicles (EVs), covering practical considerations such as charging, cost implications, and suitability for different lifestyles. The hosts also share personal anecdotes and recommendations for TV shows and books. This episode is...2025-02-0333 minRetirement Answers TodayWhy you need a financial plan and how to build one for retirement!In this episode with financial advisors Jim Martin & Casey Bibb, we discuss the crucial aspects of financial planning, including the importance of having a financial plan for a successful retirement. We debunk common myths, such as mistaking investment statements for a financial plan, and highlight essential components like income, investment, and tax strategies. Hear from Casey Bibb on why planning alleviates fears of the unknown and provides financial security. We also dive into the debate around electric vehicles (EVs), weighing the pros and cons, such as charging logistics and the impact on power bills. And for some light-hearted moments...2025-02-0334 minMake Retirement GreatFinancial Advisors Discuss: Do You REALLY Need 1 Million to Retire?In this episode, financial advisors Jim Martin & Casey Bibb tackle the pervasive myth that you need a million dollars to retire comfortably. We discuss a USA Today article that lists the states where you supposedly need a million dollars to retire, and our special guest Casey Bibb shares insights on why this figure might not apply to everyone. We highlight how individual factors such as lifestyle, debt, and personal goals play a crucial role in retirement planning, making a one-size-fits-all number unrealistic. We also talk about the importance of having a custom financial plan, understanding your true income needs...2025-01-2727 minRetirement Answers TodayThe Million Dollar Question: Do I Need a $1M to Retire?In this episode, financial advisors Jim Martin & Casey Bibb dive into the common belief that you need a million dollars to retire. We review an article from USA Today about the 15 states where you supposedly need a million dollars to retire, but question whether this is truly accurate. Featuring guest Casey Bibb, we discuss how retirement needs vary widely depending on personal circumstances, spending habits, and lifestyle choices. We also explore the importance of financial planning, the potential pitfalls of blindly following retirement savings rules, and how to tailor your retirement strategy to your unique goals. Whether you're just...2025-01-2727 minRetirement Answers TodayTarget Date Funds: A Safe Bet or a Retirement Risk?In this episode, financial advisors Jim Martin and Casey Bibb discuss the intricacies of target date funds, commonly found in 401(k) plans. They explain how these funds automatically adjust asset allocation as you approach retirement and analyze the pros and cons of such investments. They emphasize the importance of understanding your risk tolerance and ensure your investments match your retirement goals. The show also covers practical tips for safeguarding your assets, including reviewing insurance coverage and considering natural disaster risks. Additionally, Jim and Casey explore the unconventional topic of 'sleep divorce' for better marital bliss.
00:00 Introduction t...2025-01-2026 minMake Retirement GreatTarget Date Funds and Planning for the UnthinkableIn this episode, financial advisors Jim Martin and Casey Bibb explore the fundamentals of target date funds, a common investment vehicle found in 401ks. They discuss the advantages and disadvantages of these funds, including their automatic risk adjustment over time and their potential drawbacks related to individual risk tolerance and concentration risks. Additionally, they touch on the importance of property insurance in light of natural disasters and delve into the concept of sleep divorces for better personal space. The hosts emphasize the importance of reviewing financial strategies and insurances, especially for those approaching retirement.
00:00 Introduction to Ta...2025-01-2026 minRetirement Answers TodayUnexpected Early Retirement - Are you prepared?In this podcast episode, financial advisors Jim Martin and Casey Bibb discuss the frequent occurrence of unexpected early retirements due to layoffs, health issues, and other factors. They share strategies on how to prepare financially for such events, emphasizing the importance of emergency funds, debt reduction, health planning, and having a robust financial plan. Additionally, they cover upcoming changes to Social Security in 2025, including a 2.5% Cost of Living Adjustment (COLA) and new income limits for early and full retirement age filers. The episode aims to help listeners plan more effectively for retirement and handle unexpected changes with confidence.
2025-01-1329 minMake Retirement GreatThe Unplanned Retirement: How to Adapt and ThriveIn this podcast episode, financial advisors Jim Martin and Casey Bibb discuss the frequent occurrence of unexpected early retirements due to layoffs, health issues, and other factors. They share strategies on how to prepare financially for such events, emphasizing the importance of emergency funds, debt reduction, health planning, and having a robust financial plan. Additionally, they cover upcoming changes to Social Security in 2025, including a 2.5% Cost of Living Adjustment (COLA) and new income limits for early and full retirement age filers. The episode aims to help listeners plan more effectively for retirement and handle unexpected changes with confidence.
2025-01-1329 minRetirement Answers TodayThe Lurking Tax Time Bomb in Your Retirement PortfolioIn this episode, financial advisors Jim Martin and Casey Bibb discuss the potential tax time bomb lurking in your retirement portfolio, particularly within IRAs, as highlighted in Ed Slott's new book. They delve into the importance and strategies of proactive tax planning to avoid excessive taxes when taking required minimum distributions (RMDs). They also touch on the effects of current interest rates on retirees and the complexities surrounding these financial decisions. Additionally, the hosts highlight the importance of having a comprehensive tax strategy and the various levers retirees can pull, such as Roth conversions and charitable donations. Lastly, there's...2025-01-0626 minMake Retirement GreatDo you have an IRA Tax Time Bomb?In this episode, financial advisors Jim Martin and Casey Bibb delve into Ed Slott's new book and the concept of the 'ticking tax time bomb' within IRAs. They discuss the impact of required minimum distributions (RMDs) on retirees' tax liabilities and emphasize the importance of proactive tax planning. The show also covers the effects of interest rates on retirement accounts, strategies for managing taxes, and offers insights into navigating the complexities of the financial landscape. Additionally, there's a lighthearted segment on the odds of winning the lottery and the importance of structured financial planning.
www...2025-01-0626 minRetirement Answers TodayAddressing Long Term Care in your retirement plan.In this episode, financial advisors Jim Martin and Casey Bibb discuss the swift passage of 2024 and dive into important financial topics for the new year. They cover top New Year's resolutions, including reassessing retirement plans, maximizing tax strategies, building emergency funds, optimizing Social Security and Medicare decisions, and aligning investments with retirement goals. The conversation also delves into long-term care planning, examining the costs and different insurance options available. They also dive into their personal plans they're excited to work towards in 2025.
https://www.morningstar.com/personal-finance/100-must-know-statistics-about-long-term-care-2023-edition
http://retiresmartscore.com 2024-12-3032 minMake Retirement GreatWrite Down Your 2025 Financial ResolutionsJoin financial advisors Jim Martin and Casey Bibb as they kick off 2025 discussing rapid passage of time, new year's resolutions, and essential financial planning topics. The episode covers top financial resolutions such as reassessing retirement plans, maximizing tax-efficient strategies, building emergency funds, optimizing social security and Medicare decisions, and aligning investments with retirement goals. They also address the significant topic of long-term care, sharing options like traditional long-term care insurance, annuities, and life insurance hybrids. Finally, Jim and Casey share their personal plans for 2025 and encourage listeners to write down and take action on their own resolutions.
2024-12-3032 minMake Retirement GreatWhen should you downsize and declutter your life?In this episode, financial advisor Jim Martin discusses the common trend of downsizing homes as we approach retirement. He shares insights from a recent client meeting about simplifying life and emphasizes the financial and emotional aspects of moving to a smaller home. Jim outlines practical steps for decluttering and making the transition smoother, including evaluating space needs, involving family in the process, and hiring professionals for the move. He also addresses the emotional challenges and benefits of downsizing, such as reduced costs, increased freedom, and less maintenance. Tune in to learn how downsizing can contribute to a more stress-free...2024-12-2315 minRetirement Answers TodayAre you planning to downsize your house? Think again!In this episode, Jim Martin, a financial advisor, explores the benefits and emotional challenges of downsizing and decluttering your life, particularly as you approach retirement. Highlighting a personal client story, Jim delves into why simplifying your living situation can be financially and emotionally beneficial, and provides practical tips for making the transition smoother. He discusses the historical trend of increasing house sizes, the financial and practical advantages of living in a smaller space, and the emotional difficulty of letting go of a longtime home and possessions. Jim also shares strategies for addressing emotional attachments and offers practical advice on...2024-12-2315 minRetirement Answers TodayIs this the future of healthcare?Exploring the Benefits of Direct Primary Care and Managing Retirement Finances
Hosts Jim Martin and Casey Bibb discuss the concept of Direct Primary Care (DPC) and its advantages over traditional healthcare models. They share personal experiences highlighting the system's efficiency and the significance of the doctor-patient relationship. The episode also delves into financial planning for retirees, emphasizing the dangers of credit card debt and strategies to maintain financial health. Additionally, listeners are treated to personal anecdotes and opinions on recent movies and comedy shows. The episode aims to educate Gen Xers on optimizing healthcare and financial strategies for a happier r...2024-12-1633 minMake Retirement GreatDirect Primary Care - The future of Health CareExploring the Benefits of Direct Primary Care and Managing Retirement Finances
Hosts Jim Martin and Casey Bibb discuss the concept of Direct Primary Care (DPC) and its advantages over traditional healthcare models. They share personal experiences highlighting the system's efficiency and the significance of the doctor-patient relationship. The episode also delves into financial planning for retirees, emphasizing the dangers of credit card debt and strategies to maintain financial health. Additionally, listeners are treated to personal anecdotes and opinions on recent movies and comedy shows. The episode aims to educate Gen Xers on optimizing healthcare and financial strategies for a happier r...2024-12-1633 minRetirement Answers TodayAnimal Instincts vs. Financial Strategy: Who Wins?In this episode, Jim Martin and Casey Bibb dive into the concept of 'animal spirits' and their impact on investing emotions. They discuss the importance of maintaining a long-term perspective and managing emotional reactions to market events. Additionally, they touch on the growing trend of young adults living with their parents, explore the best places to retire, and give updates on current mortgage rates. The duo also shares insights on the future of streaming live events, specifically referencing a recent high-profile boxing match, and highlight the exciting news about a Betty White commemorative stamp.
https...2024-12-0923 minMake Retirement GreatTaming Emotional InvestingIn this episode, Jim Martin, founder of Martin Wealth Solutions, and co-host Casey Bibb explore the concept of 'animal spirits' and how emotions influence investment decisions. They discuss the impact of current events on market perceptions and the importance of long-term investment strategies. The hosts also delve into the rising trend of young adults living with their parents, the escalating housing market, and mortgage rates. Additionally, they touch on the most streamed sporting event and the legacy of Betty White. The episode wraps up with advice on emotional control and actionable financial insights for retirees.
https...2024-12-0923 minMake Retirement GreatYour year end financial checklist!In this episode, financial advisor Jim Martin shares insights from his recent trip to Iceland and turns it into a valuable discussion on year-end financial planning. He covers key topics such as maximizing contributions to 401(k) and 403(b) accounts, evaluating and updating your emergency fund, ensuring timely Required Minimum Distributions (RMDs) for those over 73, and being mindful of holiday spending. Jim also discusses broader life planning for the year ahead and offers actionable tips to set yourself up for a successful 2025. Tune in for practical advice to help you plan well and retire happy.
http://taxgpa.com 2024-12-0215 minRetirement Answers Today2024 Year End Financial ChecklistIn this episode, Jim Martin, financial advisor and founder of Martin Wealth Solutions, shares key financial tips for end-of-year planning. Reflecting on a recent trip to Iceland, Jim highlights the importance of preparation in both travel and financial planning. Key topics include maximizing retirement account contributions, updating emergency funds for inflation, ensuring required minimum distributions (RMDs) are taken, monitoring holiday spending, and setting personal and financial goals for 2025. Tune in for actionable advice to set yourself up for a prosperous new year.
http://taxgpa.com 2024-12-0215 minRetirement Answers TodayThe Pros and Cons of a Financial Freedom AccountIn this episode, Jim Martin, the founder of Martin Wealth Solutions and a financial advisor, delves into the concept of financial freedom and discusses various types of retirement accounts, including 401(k), 403(b), IRA, and Roth IRA, along with the idea of a 'Financial Freedom Account.' He emphasizes the importance of tax-efficient strategies and proper planning for achieving financial independence and making work optional. Jim outlines key steps such as fully funding Roth IRAs and taking advantage of 401(k) matches before considering other investment options. The episode also addresses common mistakes, such as over-saving in qualified accounts, and offers...2024-11-2515 minMake Retirement GreatShould I invest in a Financial Freedom account?In this episode, Jim Martin, founder of Martin Wealth Solutions and financial advisor, discusses various strategies and accounts to achieve financial independence and enjoy retirement. He explains the benefits and drawbacks of traditional retirement accounts like 401(k)s and IRAs, as well as Roth accounts. Jim introduces the concept of a 'financial freedom account', a brokerage or investment account that allows for greater control over taxes and flexibility for early retirement spending. He emphasizes the importance of maximizing employer matches in retirement accounts and fully funding Roth IRAs before considering additional investments. The episode provides valuable advice for individuals...2024-11-2515 minRetirement Answers TodayIs the 60/40 portfolio right for your retirement?In this episode, hosts and financial advisors Jim Martin & Casey Bibb discuss the relevance of the 60/40 portfolio strategy in today's changing financial landscape. They delve into the impact of interest rate changes, newly set IRS contribution limits for 2025, and the current economic conditions indicated by the recent job reports. They also offer practical advice on investment strategies for retirees, emphasizing the importance of taking calculated risks. The conversation includes a lighthearted discussion on McDonald's spicy chicken nuggets and recommendations for TV shows like 'Unreal' and 'Your Honor.' Tune in for insights on how to manage your retirement funds...2024-11-1821 minMake Retirement GreatShould you invest in the 60/40 portfolio?In this episode, Jim Martin and Casey Bibb discuss the viability of the traditional 60/40 investment portfolio in today's financial landscape. They cover recent IRS updates on contribution limits, insights on interest rates, and the impact of inflation on retirement funds. Additionally, they delve into the latest job report, Federal Reserve rate cuts, and their implications for the economy. The hosts also touch on lighter topics, such as McDonald's spicy nuggets and their current TV recommendations.
http://retiresmartscore.com 2024-11-1821 minMake Retirement GreatShould you use ChatGPT to choose your investments?In this episode, financial advisor Jim Martin reflects on childhood memories and discusses the evolving role of artificial intelligence in various facets of life, particularly in wealth management. He highlights a recent interview where he talked about how AI is impacting the financial services industry and its potential benefits and risks. Martin explores the realistic applications and limitations of AI for financial advisors and their clients, emphasizing the importance of human judgment alongside technological tools. He also touches upon potential societal changes, such as job replacements at entry level, and offers a cautious yet optimistic view on embracing AI...2024-11-1115 minRetirement Answers TodayShould you use AI to replace your advisor?In this episode, financial advisor Jim Martin reminisces about his childhood memories of movies like 'The Terminator,' linking it to modern-day discussions on artificial intelligence (AI). Jim explores the potential impacts of AI on the financial services industry, particularly in wealth management and retirement planning. He discusses an interview with 'Horse's Mouth,' focusing on how AI can be leveraged by advisors for tasks such as automated portfolio rebalancing, risk management, and financial planning. Jim highlights both the benefits and drawbacks of AI, stressing the importance of human judgment and caution. He also touches on broader uses of...2024-11-1115 minMake Retirement GreatA looming retirement crisis and how to avoid it.In this episode of the podcast, host Jim Martin is joined by all-star advisor Casey Bibb for a discussion on eye-opening and somewhat frightening statistics concerning retirement savings, recorded right before Halloween but released after. The conversation delves into how many workers have under $200,000 saved for retirement and the looming fears many might face. Casey and Jim explore reasons behind these trends, the importance of working with a financial advisor, and actionable strategies if you're behind on savings. They specifically address how these issues affect Gen Xers, Baby Boomers, and single women more acutely. Whether you find yourself anxious...2024-11-0429 minRetirement Answers TodayAre you on-track for your retirement? Learn how you stack up against your peers.In this episode of the podcast, host Jim Martin is joined by all-star advisor Casey Bibb for a discussion on eye-opening and somewhat frightening statistics concerning retirement savings, recorded right before Halloween but released after. The conversation delves into how many workers have under $200,000 saved for retirement and the looming fears many might face. Casey and Jim explore reasons behind these trends, the importance of working with a financial advisor, and actionable strategies if you're behind on savings. They specifically address how these issues affect Gen Xers, Baby Boomers, and single women more acutely. Whether you find yourself anxious...2024-11-0429 minRetirement Answers Today"Die Broke" - Is this the right financial planning philosophy for you?Join Jim Martin of Martin Wealth Solutions as he introduces the compelling 'Die Broke' financial philosophy, inspired by the book 'Die Broke: A Radical Four-Part Financial Plan' by Stephen Pollan and Mark Levine. This episode explores how to enjoy your retirement without sacrificing your lifestyle. Discover the key pillars of this approach: shifting your mindset about work, living within your means, and reconsidering the traditional idea of retirement. Learn how to focus on guaranteed income, long-term care, and managing inflation while strategically planning for a secure and pleasurable retirement. Tune in for practical tips, financial strategies, and avoid common...2024-10-2821 minMake Retirement GreatRethinking Retirement: Considering the Die Broke PhilosophyJoin host Jim Martin of Martin Wealth Solutions as he delves into the 'Die Broke' financial planning concept from Stephen Pollan and Mark Levine's book. This episode covers critical principles such as rethinking work as income through 'Quit Today,' avoiding debt with 'Pay Cash,' and the notion of 'Don't Retire' for continued work. Additionally, hear personal insights debunking the philosophy for traditional retirees who value post-retirement leisure time. Gain practical advice on strategic financial planning, ensuring steady income, and preparing for factors like inflation, taxes, and long-term care. Tune in to explore strategies for a dignified and...2024-10-2821 minRetirement Answers TodayThe Simplest Way to Build Wealth and Enjoy RetirementIn this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, shares key insights on creating wealth for retirement. While reflecting on a trip to ACE Lake with his son and friends, Jim delves into the most fundamental principles of wealth-building: spending less than you earn, automatic and consistent investing, and maintaining patience and discipline. He emphasizes understanding debt, distinguishing between necessary and high-risk debts. Jim's engaging narrative includes personal anecdotes and outlines steps for financial planning, geared especially towards retirement-aged Americans. Visit planwellretirehappy.com for more resources and advisory services tailored to your retirement needs.2024-10-2113 minMake Retirement GreatSimplest Ways to Build Wealth: Insights from a Financial AdvisorIn this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, shares valuable insights on the simplest ways to create wealth. While sharing anecdotes from a trip to ACE Lake, Jim discusses three key principles: spending less than you earn, investing automatically, and being patient and disciplined. He emphasizes the importance of understanding debt and offers advice on how to avoid high debt while investing for long-term goals. Additionally, Jim provides a bonus tip on the prudent use of debt for essential purchases like homeownership. This episode is particularly geared towards listeners aged 40-60 looking to...2024-10-2113 minRetirement Answers TodayMaximizing the Benefits of Health Savings Accounts (HSAs) in RetirementIn this episode, financial advisor Jim Martin explores the significance of Health Savings Accounts (HSAs) for retirement planning. He discusses the tax advantages HSAs offer, including tax-deductible contributions, tax-free growth, and tax-free withdrawals for qualified medical expenses. Jim outlines how HSAs can serve as a healthcare cost buffer in retirement and emphasizes the importance of investing HSA funds for long-term growth. He also compares HSAs with other retirement accounts like IRAs and 401(k)s and highlights common pitfalls to avoid when managing an HSA, such as not keeping receipts or investing funds. The episode encourages retirees to consider HSAs...2024-10-1413 minMake Retirement GreatMaximizing Your HSA for Retirement HealthcareIn this episode, financial advisor Jim Martin explores the benefits and considerations of Health Savings Accounts (HSAs) as a powerful tool for planning healthcare costs in retirement. He discusses the tax advantages of HSAs, their role as a 'retirement account on steroids', and strategies to maximize their potential. The episode offers insights on contribution limits, investing within HSAs, and common pitfalls to avoid. Martin highlights the importance of understanding eligible expenses and keeping documentation to maximize the benefits of these accounts. Aimed at individuals aged 40-60, the episode encourages a deeper consideration of HSAs as part of a comprehensive...2024-10-1413 minRetirement Answers TodayTop Three Financial Mistakes to Avoid for Retirement SuccessIn this episode, Jim Martin, founder of Martin Wealth Solutions, shares key insights from his recent conversations with clients about avoiding common pitfalls on the road to financial independence. He emphasizes the importance of overcoming procrastination, managing emotions when making financial decisions, and being cautious about whose advice you take. Jim also discusses practical strategies to maintain focus and highlights the value of seeking advice from reputable, fiduciary planners.
00:00 Introduction and Recent Travels
01:43 Avoiding Procrastination
08:01 Managing Emotions in Financial Decisions
13:46 Choosing the Right Financial Advisor
19:39 Conclusion and Final...2024-10-0720 minMake Retirement GreatEliminate These 3 Financial Pitfalls for a Secure RetirementIn this episode, Jim Martin, founder of Martin Wealth Solutions, shares insights from his recent travels and client conversations. He provides valuable advice on avoiding common financial mistakes that can derail your journey to financial independence. The key areas covered include overcoming procrastination, managing emotions and media influence on financial decisions, and seeking advice from credible sources. Jim emphasizes the importance of proactive financial planning, setting non-procrastination days, and ensuring you trust and like your financial advisor. Tune in to learn how to set yourself up for success in retirement.
00:00 Introduction and Recent Travels
01:43 Avoiding Pr...2024-10-0720 minMake Retirement GreatLife Insurance: Understanding Your Options NowJim Martin, financial advisor and founder of Martin Wealth Solutions, discusses the importance of having the right type of life insurance to protect your family, address estate tax issues, and fulfill specific giving goals. He explains the primary functions and costs of life insurance, the different types available, and the key factors to consider when selecting a policy. Additionally, Jim addresses common misconceptions and emphasizes the need for personalized planning and evaluation in choosing the right life insurance solution.
http://retiresmartscore.com 2024-09-3022 minRetirement Answers TodayNavigating Life Insurance: Ensuring Financial Security for Your FamilyIn this episode, financial advisor Jim Martin shares essential insights on life insurance, its primary functions, costs, and the types suitable for different situations. He discusses income replacement, estate tax concerns, and fulfilling specific legacy goals, providing practical advice for selecting the right policy. Learn how life insurance can be leveraged for long-term care and the importance of understanding commissions. Perfect for retirees looking to secure their financial future and protect their families.
http://retiresmartscore.com 2024-09-3022 minMake Retirement GreatThings to do right now to plan for retirement!In this episode, financial advisor Jim Martin from Martin Wealth Solutions dives deep into crafting the ideal retirement plan. Jim discusses the various lifestyle choices people envision for their retirement, ranging from globe-trotting adventures to modest, home-based routines. Learn how to prioritize your expenses and understand the phases of retirement - the go-go years, slow-go years, and no-go years - to ensure you have a solid financial plan in place. Jim also provides insights into budgeting, managing lifestyle creep, and how to prepare for a financially secure future. The sooner you start crafting your retirement plan the better!
2024-09-2520 minRetirement Answers TodayWant to maintain your lifestyle in retirement? Start preparing now!In this episode, financial advisor Jim Martin from Martin Wealth Solutions dives deep into crafting the ideal retirement plan. Jim discusses the various lifestyle choices people envision for their retirement, ranging from globe-trotting adventures to modest, home-based routines. Learn how to prioritize your expenses and understand the phases of retirement - the go-go years, slow-go years, and no-go years - to ensure you have a solid financial plan in place. Jim also provides insights into budgeting, managing lifestyle creep, and how to prepare for a financially secure future. Whether you’re just starting to think about retirement or are ne...2024-09-2520 minRetirement Answers Today5 Game-Changing Lessons for Retirement SuccessIn this episode, financial advisor Jim Martin shares valuable insights on essential life lessons for successful retirement planning. He discusses the importance of carefully selecting your financial advisor, investing based on your age, knowing your financial numbers, avoiding overconfidence, and always considering possible mistakes. Jim emphasizes the significance of long-term planning and the expertise required to navigate retirement successfully. Tune in to learn how to avoid common pitfalls and set yourself up for a secure financial future.
00:00 Introduction: Life's Hard Lessons
00:27 The Importance of Retirement Planning
01:34 Lesson 1: Be Careful Who You Tak...2024-09-1623 minMake Retirement GreatThe Pre-Retirement Playbook: 5 Lessons You Need to KnowIn this episode, financial advisor Jim Martin shares crucial life lessons tailored for retirement planning. Drawing from personal stories and professional experiences, Jim emphasizes the importance of taking advice from the right sources, investing according to your age, knowing your financial numbers, avoiding overconfidence and greed, and identifying potential blind spots in your financial plans. These lessons are designed to help you increase your chances of achieving a successful and secure retirement. Join Jim as he provides insights and practical advice to ensure your financial future of retirement is well-managed.
00:00 Introduction: Life's Hard Lessons
00:27 The Im...2024-09-1623 minRetirement Answers TodayShould you invest 100% of your money in stocks?Should You Invest 100% in Equities? Exploring the Risks and Benefits. In this episode, financial advisor Jim Martin from Martin Wealth Solutions delves into the debate of investing 100% in equities. He addresses common misconceptions, explains why this strategy may not be suitable for retirees, and discusses the importance of a diversified investment strategy. Jim highlights the risks associated with relying solely on the stock market for returns, especially during market downturns, and provides insights into creating a balanced portfolio tailored to individual risk tolerance and time horizons. The episode emphasizes the need for emergency funds and a thoughtful approach to retirement...2024-09-0920 minMake Retirement GreatDo I really need bonds in my portfolio?Is 100% in Equities the Right Move for Your Retirement? In this episode, financial advisor Jim Martin discusses the risks and potential benefits of investing 100% of your money in equities. He evaluates the common belief that the stock market's average returns make this a foolproof strategy and explains the pitfalls, including market volatility and the sequence of return risk. Jim shares insights on appropriate investment allocations based on age and risk tolerance, emphasizing the importance of having a diversified approach and an emergency fund. Whether you're planning for retirement or already retired, tune in to gain valuable advice on making...2024-09-0920 minRetirement Answers TodayShould You Invest in Rental Properties for Retirement?In this episode of the podcast, financial advisor and founder of Martin Wealth Solutions, Jim Martin, dives into the world of real estate investments, specifically focusing on rental properties. He discusses the potential benefits such as steady income, appreciation, tax advantages, and diversification. However, he also highlights the challenges like initial investment costs, maintenance, management, market risk, and tenant and governmental issues. Jim draws on his experience and client conversations to provide a balanced view, helping listeners understand whether owning rental properties is the right decision for them. He emphasizes the importance of understanding all factors, including location, time...2024-09-0225 minMake Retirement GreatPros and Cons of Investing in Rental Properties: A Gen X PerspectiveIn this episode of the podcast, financial advisor and founder of Martin Wealth Solutions, Jim Martin, delves into the intricacies of real estate investments, with a focus on rental properties. Targeting an audience aged 40-50, he explores potential benefits such as consistent income, property appreciation, tax deductions, and diversification. On the flip side, Jim highlights the challenges including initial investment costs, ongoing maintenance, management headaches, market risks, and tenant issues. Drawing from personal experience and client interactions, Jim offers a balanced perspective to help listeners assess if rental properties align with their investment goals. He stresses the importance of...2024-09-0225 minRetirement Answers TodayOptimizing Your 401(k): A Guide to Smarter InvestingIn this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, explores the intricacies of 401k investing. He shares his journey from landing his first job to becoming a financial advisor and emphasizes the importance of planning for retirement early. This comprehensive guide covers crucial topics such as employer matches, the difference between traditional and Roth 401ks, investment strategies, the role of target date funds, and managing your portfolio to ensure diversification. Jim also touches on what to do with old 401ks and the benefits and risks associated with company stocks. Whether you're new to investing or...2024-08-2620 minMake Retirement GreatFuture-Proofing Your 401(k): Gen X Strategies for SuccessIn this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, explores the intricacies of 401k investing. He shares his journey from landing his first job to becoming a financial advisor and emphasizes the importance of planning for retirement early. This comprehensive guide covers crucial topics such as employer matches, the difference between traditional and Roth 401ks, investment strategies, the role of target date funds, and managing your portfolio to ensure diversification. Jim also touches on what to do with old 401ks and the benefits and risks associated with company stocks. Whether you're new to investing or...2024-08-2520 minRetirement Answers TodayCan you really save too much money for retirement?Can You Oversave for Retirement? Finding the Perfect Balance
In this episode, financial expert Jim Martin from Martin Wealth Solutions discusses the often-overlooked concept of 'oversaving' for retirement. He explores the potential pitfalls of saving too aggressively, such as sacrificing today’s joys for an uncertain tomorrow and the opportunity costs involved. Jim emphasizes the importance of balanced saving and spending, taking into account individual goals, life stages, and debt considerations. He also touches on the relevance of tax implications, estate planning, and professional financial advice in shaping a successful retirement strategy tailored specifically to your needs and lifestyle aspirations.
00:00 Intro...2024-08-1916 minMake Retirement GreatStop saving so much money for retirement and live a little!Can You Oversave for Retirement? Finding the Perfect Balance
In this episode, financial expert Jim Martin from Martin Wealth Solutions discusses the often-overlooked concept of 'oversaving' for a gen X retirement. He explores the potential pitfalls of saving too aggressively, such as sacrificing today’s joys for an uncertain tomorrow and the opportunity costs involved. Jim emphasizes the importance of balanced saving and spending, taking into account individual goals, life stages, and debt considerations. He also touches on the relevance of tax implications, estate planning, and professional financial advice in shaping a successful retirement strategy tailored specifically to your needs and...2024-08-1916 minRetirement Answers TodaySurviving Market Volatility: A Retiree’s Guide
Navigating Market Volatility: Mental Preparedness and Investment Strategies
In this episode, financial advisor Jim Martin from Martin Wealth Solutions discusses the nature of market volatility and how investors can mentally prepare and strategically respond to market downturns. This retirement planning episode is perfect if you are worried about the market
Drawing from personal anecdotes and professional experiences, he emphasizes the importance of maintaining a long-term perspective, understanding that market fluctuations are normal, and taking advantage of downturns through rebalancing, tax loss harvesting, and increasing contributions.
The episode aims to help listeners manage their emotions, adopt a resilient mindset, and make inf...2024-08-1215 minMake Retirement GreatMarket Jitters? Here's Why You Shouldn't WorryMarket Jitters? Here's Why You Shouldn't Worry
In this episode, financial advisor Jim Martin from Martin Wealth Solutions discusses the realities of market volatility and how to mentally prepare for market declines. He recounts a personal story to illustrate the common concerns people have about investing during volatile times. Jim provides actionable strategies such as maintaining liquidity, rebalancing portfolios, tax loss harvesting, and making contributions during market dips. The key takeaway is to stay emotionally detached from market fluctuations and focus on long-term investment strategies. He emphasizes the importance of understanding one's risk tolerance and h...2024-08-1215 minMake Retirement GreatWhen should I focus on my estate plan?
In this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, discusses the importance of estate planning. He shares personal anecdotes, including a client's story of a poorly planned inheritance, and explains the differences between wills and trusts. Jim emphasizes the importance of consulting with an attorney and updating your estate plan regularly, especially after significant life changes. He also touches on topics such as minimizing taxes, protecting beneficiaries, and preparing necessary documents like advanced medical directives and powers of attorney.
http://retiresmartscore.com 2024-06-2525 minRetirement Answers TodayGetting your estate plan in order before you retire
In this episode, Jim Martin, a financial advisor and founder of Martin Wealth Solutions, discusses the importance of estate planning. He shares personal anecdotes, including a client's story of a poorly planned inheritance, and explains the differences between wills and trusts. Jim emphasizes the importance of consulting with an attorney and updating your estate plan regularly, especially after significant life changes. He also touches on topics such as minimizing taxes, protecting beneficiaries, and preparing necessary documents like advanced medical directives and powers of attorney.
http://retiresmartscore.com 2024-06-2525 min
Podcast Picks with Jim the Podcast SherpaSherpa Selects: "The Unusual Buddha", Jim Martin, explains Buddhism and Meditation! Exclamation Points return for Season 2!!Flashback to Season Two's debut! This was a really interesting interview on a topic that I really knew nothing about. (As opposed to the others, Sherpa?) Jim Martin was a a great (spiritual) guide for this episode. Alas, no new episodes after 2021, but some great refreshment and enlightenment in his classic episodes._____________________________________________________________________________________Welcome to another season of the Sherpa Sheet! I'll start by stating that i keep a mental list of some of the topics that I'd like to cover. As long as there are good podcasts about the topics where I can learn, then...2024-06-0839 minMake Retirement GreatGen X and the National Debt: Preparing for Retirement ChallengesIn this episode, financial advisor Jim Martin discusses the ins and outs of the national debt and how it will potentially impact people's retirement plans for Gen Xers.
http://retiresmartscore.com 2024-05-2919 minRetirement Answers TodayThe National Debt: What Retirees Need To KnowIn this episode, financial advisor Jim Martin discusses the ins and outs of the national debt and how it will potentially impact people's retirement plans
http://retiresmartscore.com 2024-05-2919 minMake Retirement GreatThe Complete Guide to 401(k)s: Planning for Retirement SuccessIn this episode, financial advisor Jim Martin covers everything you always wanted to ask but never did about your 401k. We'll discuss how to grow, protect, and enjoy your wealth on today's show.
http://retiresmartscore.com 2024-05-0925 minRetirement Answers TodayMaximizing Your Retirement: The Ultimate 401(k) PodcastIn this episode, financial advisor Jim Martin covers everything you always wanted to ask but never did about your 401k. We'll discuss how to grow, protect, and enjoy your wealth on today's show.
http://retiresmartscore.com 2024-05-0925 minRetirement Answers TodayWhat to do when your net worth hits one million dollars plusIn this episode, financial advisor Jim Martin covers what to do after you are worth a million dollars. Growing your wealth to one million+ is a huge milestone but what do you do after? We'll discuss how to grow, protect, and enjoy your wealth on today's show.
http://retiresmartscore.com 2024-04-1217 minMake Retirement GreatYou are worth a million dollars... Now what?In this episode, financial advisor Jim Martin covers what to do after you are worth a million dollars. Growing your wealth to one million+ is a huge milestone but what do you do after? We'll discuss how to grow, protect, and enjoy your wealth on today's show.
http://retiresmartscore.com 2024-04-1217 minMake Retirement GreatThe simple budgeting hack to take control of your moneyIn this episode, financial advisor Jim Martin covers a simple process anyone in their 40s or 50s can follow to take control of their finances, supercharge their savings, and gain a sense of financial freedom.
http://retiresmartscore.com 2024-02-1218 minRetirement Answers TodayDo I really need a budget in retirement? Tips to make budgeting super simple!In this episode, financial advisor Jim Martin covers a simple process anyone in their 40s, 50s or 60s can follow to take control of their finances, supercharge their savings, and gain a sense of financial freedom.
http://retiresmartscore.com 2024-02-1218 minRetirement Answers TodayWhat do I do with my old 401k?In this episode, financial advisor Jim Martin discusses the various options available when dealing with an old 401k. He advises listeners who are unsure about what to do with their old 401k and want to make the right decision without making mistakes. Jim emphasizes the importance of understanding your goals and beginning with the end in mind when it comes to financial planning. He highlights the need to take into account your current financial situation, future goals, and the tax implications of different options.
http://retirewithmartin.com/ 2024-02-0518 minMake Retirement GreatWhat do I do with my old 401k?In this episode, financial advisor Jim Martin discusses the various options available when dealing with an old 401k. He advises listeners who are unsure about what to do with their old 401k and want to make the right decision without making mistakes. Jim emphasizes the importance of understanding your goals and beginning with the end in mind when it comes to financial planning. He highlights the need to take into account your current financial situation, future goals, and the tax implications of different options.
http://retirewithmartin.com/ 2024-02-0518 minRetirement Answers TodayTaking Control of Your Financial Life: Strategies for Six Figure EarnersAre you a high income earner? In this episode of the Podcast, financial advisor Jim Martin shares valuable advice on how to take control of your financial life, even if you have a large income. Jim emphasizes the importance of understanding your financial situation, creating a budget, and tracking expenses. He also offers tips on building an emergency fund, paying off debt, setting financial goals, and starting to invest. Jim encourages listeners to make mindful financial decisions and seek professional guidance when needed. Whether you make $50,000 or $500,000 a year, this episode provides practical tips to improve your financial health. D...2024-01-2923 minMake Retirement GreatFinancial Freedom for Six Figure Income EarnersAre you a high income earner? In this episode of the Podcast, financial advisor Jim Martin shares valuable advice on how to take control of your financial life, even if you have a large income. Jim emphasizes the importance of understanding your financial situation, creating a budget, and tracking expenses. He also offers tips on building an emergency fund, paying off debt, setting financial goals, and starting to invest. Jim encourages listeners to make mindful financial decisions and seek professional guidance when needed. Whether you make $50,000 or $500,000 a year, this episode provides practical tips to improve your financial health. D...2024-01-2923 minMake Retirement GreatGen X Prosperity Blueprint: Planning for your retirement in your 50sIn this episode host Jim Martin, a financial advisor and founder of Martin Wealth Solutions, explores the financial challenges faced by Generation X (Gen X) and offers strategies for achieving financial stability and freedom. Jim reflects on an article that highlighted the wealth gap and lack of financial support for Gen X, leading him to create this episode to share ideas and tips for financial success. He emphasizes the importance of taking an appraisal of one's net worth and understanding retirement goals. Jim encourages listeners to assess their assets and debts to determine their net worth. By subtracting debts f...2024-01-2225 minRetirement Answers TodayGen X Prosperity Blueprint: Planning for your retirement in your 50sIn this episode host Jim Martin, a financial advisor and founder of Martin Wealth Solutions, explores the financial challenges faced by Generation X (Gen X) and offers strategies for achieving financial stability and freedom. Jim reflects on an article that highlighted the wealth gap and lack of financial support for Gen X, leading him to create this episode to share ideas and tips for financial success. He emphasizes the importance of taking an appraisal of one's net worth and understanding retirement goals. Jim encourages listeners to assess their assets and debts to determine their net worth. By subtracting debts f...2024-01-2125 min
Jim Martin's Encouragement NoteJim Martin's Encouragement Note #77(unsplash - Priscilla Du Preez)The List of Five Sunday, BBQ, and an Ordinary Day All Sunday morning, I had looked forward to eating BBQ for lunch. We pulled in front of the Underwood’s BBQ at 7828 Lake June Road in Dallas. This was the 60s. Our family had just left church in Southeast Dallas. Yet, this was no ordinary Sunday for our family. Today, we were going out to eat. Now this was rare for our family. But then, most families in our modest church didn’t go out...2023-03-0613 min
Jim Martin's Encouragement NoteJim Martin's Encouragement Note #76(unsplash - Dan DeAlmeida)The List of FiveTremble With GratitudeThere are precious moments when a family is together and they remember the stories that are important to them. Often these stories may be about family members who have died and yet the stories still live.Wendall Berry wrote in his book, Leavings:I tremble with gratitude for my children and their childrenwho take pleasure in one another.At our dinners together, the deadenter and pass among us2023-02-2015 min
Jim Martin's Encouragement NoteJim Martin's Encouragement Note #64The List of FiveDare to Bring Your Empty HandsI was in middle school in a small Christian school. Many of us had been together since the very early grades. A girl who had been in our class moved away to another state. The following year, she wrote a letter to the class. A teacher read it aloud. In her letter, she mentioned how much she missed ”everyone” naming more than a few classmates. I remember feeling embarrassed and exposed when the letter ended and my name was not mentioned. Of c...2022-08-2214 min
Yes and KnowIntervention or Acceleration? Rachel and Jim DiscussWelcome to YES AND KNOW, the podcast devoted to the push-and-pull that we face daily in the educational world and that really turn out to have no solution at all. Rachel and Jim discuss these polarities and how we might find a middle ground for true educational change.
In this episode, Rachel and Jim discuss the concepts of intervention and acceleration. With unfinished learning left in the wake of COVID-19, how can schools best address these gaps and still keep kids moving toward grade-level mastery?
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Send in a voice message: https://anchor.fm/jim-martin4/message2022-02-0637 min
Jim Martin's Encouragement NoteJim Martin's Encouragement Note #47We drove slowly across the dark parking lot behind the closed Texaco station. Suddenly, three or four Dallas Police cars sped toward us with bright headlights, overhead lights on, and the glare of their spotlights focused on our car. The three of us in the car, all about 20 years old, had just gotten out of Wednesday night Bible class. We were cutting through the parking lot on our way to a fast-food place to eat. Apparently, the police had been waiting in the darkness for someone whom they suspected might rob this Texaco station. At that moment, they thought...2021-12-1302 minRetirement Answers TodayShould I take a lump sum or cash out pension benefit? [Episode 15]Is it a good idea to take a lump sum out to pay off a car or house?
If you took your money outside of your pension plan, could its growth do better?
On today’s episode of the Retirement Planning Podcast, Jim talks about cash out pensions, otherwise known as lump sum pensions. Pensions are thought to be a thing of the past, but they can be pretty great! Jim explains why companies offer cash out pensions, why they don’t, and he even divulges the top 5 things to consider before...2020-08-1719 min
Enlighten Night CampThe Unusual Buddha Interviews Heidi CamutiIn this podcast exclusive Jim Martin, founder of The Unusual Buddha, interviews Heidi Camuti, once an ABC producer turned yoga instructor and meditation teacher. An interesting person with an interesting perspective. We talk about her transition to yoga teacher, her work with children and special needs practitioners, as well as, aerial yoga. Check her out on Insta @heidihealthandwellness --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app--- Send in a voice message: https://anchor.fm/theunusualbuddha/messa...2019-05-2253 min