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What The Wealth Retirement Podcast100 Episodes of What the Wealth: Celebrating Our Journey and Future Opportunities (100)I look back on 100 episodes of What the Wealth with gratitude and pride. It's been a fun pursuit and your support has made it that much more rewarding.As we go forward, I am thrilled about the promise of more consistent episodes filled with fresh, empowering content. Whether you're a loyal follower or tuning in for the first time, there's always something new to learn and grow from. Here's to the next 100 episodes and being confident in our financial endeavors. Thank you for being an essential part of What the Wealth, and let's continue to i...2024-11-1803 minWhat The Wealth Retirement PodcastYour Guide: Financial Strategies for Staying on Track in Today's Economy (099)What happens when financial stability suddenly feels distant? Temporary cash flow challenges can feel overwhelming but they don't have to derail your long-term financial goals. In this episode I explore strategies to keep your head above water without compromising your future, such as adjusting savings contributions for a bit of breathing room. This episode is for anyone grappling with financial decision-making during uncertainty. Whether it's planning for a child's college education or managing the impact of rising interest rates on your home payments, the key is maintaining flexibility and patience. I'll guide you through real-life scenarios, offering i...2024-10-2508 minWhat The Wealth Retirement PodcastThe AI Revolution: It's Transforming Industries, Should We Embrace It? (098)The AI revolution is upon us and it's reshaping industries, work-life, and investment landscapes. On this episode I discuss the world of artificial intelligence, and together, we'll explore AI's unique ability to "think" and the duality of its impact—where it stands as both a creator and disruptor of jobs. Let's confront the challenges of industries hesitant to embrace automation and understand how adaptation not only ensures survival but paves the way for new opportunities.🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/ 🌐 Paradi...2024-10-1810 minWhat The Wealth Retirement PodcastExploring the Economic Effects of a the Recent Rate Cut (097)How does the Federal Reserve's latest rate decision influence your financial future? With inflation taking a roller-coaster ride from 9% to a more manageable 3%, we explore the Fed's motivations for this rate cut and its broader implications for your portfolio. Reflecting on the history of inflation—from the days of 10-cent Cokes to today's prices—we consider what the future holds for consumers and investors alike. As we dissect the market's response, we'll also touch on recent job reports and the Fed's commitment to steering the economy through these choppy waters. Whether you're planning for retirement or eva...2024-10-1111 minWhat The Wealth Retirement PodcastWill the Fed Cut Interest Rates Anytime Soon? Analyzing the Economic Outlook (096)We're all curious as to what the Fed's going to do with rates. On this episode we attempt to tackle this burning question. We start by retracing the economic journey since 2021, exploring how post-COVID inflation surged to 9% and prompted the Fed to raise interest rates aggressively. Despite these higher borrowing costs impacting mortgages, auto loans, and credit cards, our economy has shown remarkable resilience, thanks to a strong labor market and hefty savings. Now, with inflation reduced to around 3.4%, we evaluate whether the Fed's measures have been effective and consider the potential benefits and risks of a rate cut.2024-07-2510 minWhat The Wealth Retirement PodcastMastering the Market: Strategies and Mindset Built for Financial Resilience (095)Are you prepared to navigate the rollercoaster of emotions that accompany a relentless bull market, from the dizzying heights of confidence to the potential perils of complacency? Lets cut through the noise and discuss practical wisdom for staying grounded amidst the market's unpredictable ups and downs. How will the disruptive force of AI innovation reshape the economic landscape, if at all? This conversation will help equip you with strategies to build a resilient portfolio and confident frame of mind designed to withstand the market's inevitable ebbs and flows. 🗓️ Meet with me: https://paradigmwealthpartners.com/begin...2024-05-0107 minWhat The Wealth Retirement PodcastA Common BIG Life Insurance Misconception (094)When my cousin casually mentioned he didn't have life insurance for his non-working spouse, it sparked an important conversation. This episode is a must for anyone that underestimates the economic value of a stay-at-home partner. Don't let the absence of a salary fool you into thinking there's an absence of value; we break down the cost of replacing those day-to-day tasks and why ensuring both partners are insured is a cornerstone of prudent financial planning. We discuss practical methods to calculate life insurance needs without overlooking the irreplaceable role of the partner at home. 🗓️...2024-04-2409 minWhat The Wealth Retirement PodcastNew Office Location: Paradigm Wealth Partners in Chattanooga! (93)Signal Mountain Road in Chattanooga is getting ready to host it's newest tenant: Paradigm Wealth Partners is officially moving in! As my family and I plant our roots even deeper in Chattanooga, this expansion isn't just business growth; it's a personal celebration of community and connection.Stay connected with our new office location progress and future ribbon cutting. 🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/ 🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: htt...2024-04-1704 minWhat The Wealth Retirement PodcastBalancing Generosity and Financial Security: A Journey to Sustainable Philanthropy (92)Imagine navigating the delicate balance between nurturing a generous heart and managing newfound wealth. That's exactly the journey we embarked on with a client who, after receiving a significant inheritance, grappled with how much they could give to their community without risking financial security. As a dedicated Financial Planner, I'm thrilled to share the story of this client's inspiring path towards sustainable philanthropy. Through their eyes, we explore not only the joy of giving but also the strategic planning that allows for impactful, community-focused donations.This episode of What the Wealth podcast is an illuminating session on...2024-02-2209 minWhat The Wealth Retirement PodcastThe REAL Power of Patience: Celebrating Charlie Munger's Investment Wisdom and the Art of Behind Long-Term Wealth Creation (91)A quick recap of the timeless investment wisdom of the late Charlie Munger, Berkshire Hathaway's renowned Vice Chairman, as we reflect on his teachings about the virtue of patience. Can sitting tight with your investment portfolio truly outperform the frantic dance of buying and selling in today's market? 🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednarii/ 🌐 Paradigm Wealth Partners (website) – Financial planning for career professionals who want to retire and stay retired: https://paradigmwealthpartners.com/🌐 What the Wealth (website) – Adding clarity to difficult financia...2024-01-2405 minWhat The Wealth Retirement PodcastDefying Predictions: The Surprising Strength of the Stock Market in 2023 and How to Proceed in 2024 (90)Who could have predicted the ironclad resilience of the stock market amidst the tumultuous events of 2023? In this episode I peel back the curtain on a year where, against all odds, the market leaped in the face of dire predictions, rate hikes, and global instability. A few of my thoughts on the reasons behind this defiance of expectations, along with historical patterns that challenge the myth of boom-and-bust cycles. Plus, get a clear understanding of why holding steady in your investments might just be your ticket to financial success.Navigating the sea of financial advice c...2024-01-1209 minWhat The Wealth Retirement PodcastSailing Smoothly Through Market Fluctuations (89)What if there was a way to navigate the uncertainties of long-term retirement investments using past trends of the S&P 500 index? Don't let short-term market fluctuations deter you. The truth is, investing for retirement requires a marathoner's perspective, not a sprinter's. Join us as we unpack the weighted 30-year rolling average of the S&P 500, demonstrating why it's crucial to keep your eyes on the long-term prize. You'll be heartened to learn that historically, there have been more years of market ascent than descent.We're also lifting the veil on the importance of informed decision-making and...2023-11-0612 minWhat The Wealth Retirement PodcastExploring Passive Income Strategies (88)Are you tired of the daily grind and looking for ways to diversify your income? Ready to ditch the misconceptions about 'easy' passive income strategies? In this episode I take you on an enlightening journey into the world of passive income. We'll bust some myths, such as the idea that real estate investing or becoming a social media influencer is entirely passive. Instead, I'll introduce you to the potential of dividend growth investing. This strategy doesn't require a heavy-duty capital infusion or a hefty loan from a bank, and it allows you the flexibility to pause and restart at...2023-10-1210 minWhat The Wealth Retirement PodcastDecoding Roth Conversions: A Deep Dive into Strategies, Myths, and Tax Implications (87)Ever wondered how to make your money work better for you by leveraging the power of Roth conversions? Join me, Jonathan Bednar, co-owner of Paradigm Wealth Partners, as we journey through the complexities and benefits of this financial strategy. As a certified financial planner, I shed light on the essentials of liquidity, tax implications, conversion methods, and the best timing for conversions. We debunk the myth of income limitations and examine the impact of required minimum distributions (RMDs) on this strategy.Dare to venture further with us as we untangle the implications of the Tax Cuts and...2023-09-2817 minWhat The Wealth Retirement PodcastShaping Your Financial Future through Investing in Real EstateIn the conversation about real estate investments, a lot of people are for it and many are against it. Investment philosophy can be very personal. For me, real estate is something I like to invest in, but it’s important to understand all the factors that come into play, such as interest rates, inflation, borrowing costs, affordability, and more. So, in this episode, I will talk about the impact these kinds of investments can have on your financial future and retirement.You can find show notes and more information by clicking here: https://bit.ly/3YaBFKN2023-07-2012 minWhat The Wealth Retirement PodcastBuilding Bridges to Your Future: Psychology Meets Personal FinanceHave you ever felt like your future self is a stranger? Or that some future goals are a bit too far away to understand? That's because, scientifically, our brains struggle to connect with the future version of us. Join me as I unpack some fascinating research from UCLA's professor Hal Hershfield, and unravel the implications it has on our ability to pursue long-term goals. You can find show notes and more information by clicking here: https://bit.ly/3r60Y3V🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://ww...2023-07-0612 minWhat The Wealth Retirement PodcastBond Voyage: Sailing Into Retirement StabilityA lot of people talk about bonds as a way to generate income “safely” in retirement and say that all you need is to own a bunch of bonds and you’ll be safe, but I don’t necessarily agree with that. There are ways to use bonds for retirement income but it needs to be done in a way that is specific to your unique retirement needs. In this episode, I’ll share the most important information you need to know in order to build a retirement portfolio that allows you to fulfill your retirement goals. You can fi...2023-06-1509 minWhat The Wealth Retirement PodcastRetirement Checkpoints: How Much Do I Need to Save for Retirement?How much should you have saved for retirement? Are you on track? I get questions like these often from people—and for good reason. Retirement is lasting longer for some people and there are many people who want to retire early so, really, you probably need to be saving more. But how much more should you be saving? There are a lot of variables that come into play, so in this episode, I’ll discuss a few of the most important things to keep in mind. You can find show notes and more information by clicking here: https...2023-06-0109 minWhat The Wealth Retirement PodcastEp #82: What Happens Next?How can we plan for the rest of the year? What should we be looking out for financially as we move into the second part of 2023? There have been lots of questions and concerns about where the market has been and the last 18 months where interest rates, inflation, and market changes have been difficult. In this episode, I will share what we see coming in the short-intermediate term and discuss some important things to think about when it comes to the markets in the final half of this year.You can find show notes and more information...2023-05-1815 minWhat The Wealth Retirement PodcastEp #81: Transferring Assets to BeneficiariesMany people who reach their 80s and 90s want to start transferring their assets to their kids early rather than wait for it to be inheritance—but this may not always be the best way to do it. In today’s episode, I’m going to be sharing important insight into passing assets on to your beneficiaries. You will hear about common mistakes that parents make when trying to gift assets to their children, as well as how you can make the process easier and less of a financial burden on your beneficiaries.You can find show notes...2023-05-0414 minWhat The Wealth Retirement PodcastEp #80: TaxesOne of the biggest risks in your retirement is taxes. So today, I’ll be talking about how you can avoid a big tax bomb and how you can start making key decisions now that will help you navigate and plan for tax time next year. There’s a lot we can learn from our past year or so of filing, so I’ll also share how you can put that information to work for you to help you make the most of your money.You can find show notes and more information by clicking here: https://bit.ly...2023-04-2107 minWhat The Wealth Retirement PodcastEp #79: The Importance of Having a PlanAre you ready for the twists and turns of life? Unexpected events happen all the time, and as I watch the aftermath of the tornado damage near Little Rock, Arkansas, it’s a big reminder about the importance of having a plan. This is a show about finances and financial planning, but in this episode, you’ll be hearing about a different kind of planning.You can find show notes and more information by clicking here: https://bit.ly/40CI7u9🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.l...2023-04-0612 minWhat The Wealth Retirement PodcastEp #78: Banking Crisis 2.0Today, I’m going to be addressing the most recent banking crisis that has been creating a lot of buzz lately. You will get to hear my analysis of the current crisis compared to other similar ones we have seen throughout history, as well as a few different things you can watch out for when it comes to situations like this.You can find show notes and more information by clicking here: https://bit.ly/3FFzZ3A🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednari...2023-03-2317 minWhat The Wealth Retirement PodcastEp #77: Should We Take Our Money Out of the Market?The last 15 months have been very tumultuous as a long-term equity investor. As rates have ticked up to help fight inflation, we’ve seen the bumps on the chin taken by our equity portfolios. Over time, the constant beat-down of the market and the financial media coverage can really weigh on the investor’s psyche, so today we’re going to talk about a big question I’ve been getting frequently: “Should I take my money out of the market?”You can find show notes and more information by clicking here: https://bit.ly/3mx9ZAY🗓️ Meet wi...2023-03-0919 minWhat The Wealth Retirement PodcastEp #76: The Debt CeilingWhere do we sit now with the debt ceiling—and what does it all mean for the U.S.? We’ve had some questions about what the debt ceiling is and why it’s important, so in this podcast, I’ll be answering these questions and more. You will hear how it got started, the historic patterns of debt in the U.S., where things look like they’re going, and how all this may affect you.You can find show notes and more information by clicking here: https://bit.ly/3SiACoV🗓️ Meet with me: https://paradig...2023-02-2317 minWhat The Wealth Retirement PodcastEp #75: 2023 Market OutlookToday, we’re going to dive into a replay of a webinar I hosted on January 27th called "2023 Market Outlook." I’m joined by financial planner Katie Kavehrad and my father, Jon Bednar, to talk about a few different market pieces that we’re internalizing and giving advice and guidance to our clients on in the coming year. Listen in as we discuss the debt ceiling increase, S&P 500 valuation measures, consumer confidence surveys, and more.You can find show notes and more information by clicking here: https://bit.ly/3YtEtBB🗓️ Meet with me: https://paradigmwea...2023-02-0947 minWhat The Wealth Retirement PodcastEp #74: Breaking! SECURE Act 2.0 Updates RMDsIn this episode, I’ll be covering just a portion of the SECURE Act 2.0 – specifically pertaining to required minimum distributions (RMDs). If you are retired or getting close to your retirement, understanding the changes that are going on with RMDs is the first step to keeping up-to-date and ensuring you’re utilizing and optimizing your retirement funds in the best way possible.You can find show notes and more information by clicking here: https://bit.ly/3QZuD7W🗓️ Meet with me: https://paradigmwealthpartners.com/begin-your-journey/#calendly↔️ Connect with me on LinkedIn: https://www.linkedin.com/in/jbednari...2023-01-2608 min