Shows
Money MentorsWhen the Paycheck Stops: Protecting Your Retirement After a LayoffMajor corporations are cutting jobs, and for many workers who are close to retirement, a layoff doesn’t just mean losing a paycheck - it can feel like losing the plan they’ve spent decades building. In this episode, Gary Mattson & Laurel Steward of Mattson FInancial Services unpack the economic forces driving today’s wave of corporate downsizing and what it means for those nearing retirement. More importantly, we explore what happens next. How do you replace lost income? Should you consider early retirement? What about Social Security timing, healthcare, severance packages, and protecting your investment portfolio during uncertainty? We’ll share...
2026-02-1246 minMoney MentorsTax Prep Time: How Tax-Efficient Is Your Investment Portfolio?Tax season isn’t just about gathering 1099 forms. It’s also a great time to take a closer look at how tax-efficient your investment portfolio really is. In this episode, Taylor Steward and Gerald Green of Mattson Financial Services unpack insights on tax efficiency based on account types and tax documents, and explore what investors can do to better “shelter” their investments from unnecessary taxes. We’ll talk through common areas of confusion, why tax efficiency matters year after year, and how reviewing your portfolio annually can help keep more of your money working for you.Whether you need help...
2026-02-0545 minMoney MentorsCould Rising Health Care Costs Complicate Your Early Retirement Strategy?While we wait for Congress to deal with the issue of health care subsidies, a lot of our listeners who planned to retire before 65 may wonder whether they can afford health care premiums before Medicare kicks in. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services discuss how they're helping clients navigate around this tricky issue, and still enjoy the early retirement they deserve. We'll also discuss frequent scenarios that couples run into during their retirement journey.Whether it's health care, taxes, Social Security, estate planning, investments or income, let us help you find more clarity...
2026-01-2949 minMoney MentorsAs Goes January, So Goes the Year?From Venezuela to tariffs to the escalating feud with the Fed, there's no shortage of headlines to fuel more volatility on Wall Street to start the year. But will the January indicator set the tone for 2026? And if so, how do you prepare your portfolio? On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss strategies to help you avoid emotional decisions and stay on track with your goals. They'll also discuss a Canadian lottery winner's controversial jackpot decision - and how some retirees face the same type of choice with their money. Need a...
2026-01-2247 minMoney MentorsNew Year, New Retirement GoalsIt's 2026...time to set some new retirement goals! This week, Laurel & Taylor Steward of Mattson Financial Services help you get ready to set some of those resolutions (we call them dreams, goals and desires). Plus, we'll discuss different retirement scenarios you might want to consider as you think ahead to the next chapter. Schedule your January visit with our team of fiduciary advisors now at www.MattsonFinancial.com.
2026-01-0949 minMoney MentorsResolution Rebound: What Concerns Retirees the Most About 2026Happy New Year! The changing of the calendar can bring excitement, but also some nervousness about what's ahead. And a new survey sheds some light on what's most concerning to retirees as we head into the new year. This week, Laurel Steward and Gerald Green of Mattson FInancial Services discuss the biggest concerns and how to start setting some realistic goals for your retirement. Find a few minutes to schedule your new year retirement check-up at www.MattsonFinancial.com.
2026-01-0247 minMoney MentorsWhy a 2.8% Social Security COLA Won't Cut ItA 2.8% cost-of-living adjustment for 2026 sounds helpful, but for many retirees, it may still fall short. On this week's episode, Laurel Steward and Gerald Green of Mattson Financial Services break down why the latest Social Security COLA may not keep pace with the expenses that matter most to baby boomers, including healthcare, Medicare premiums, and everyday essentials. We’ll also discuss practical steps you can take to protect your purchasing power, whether you’re already retired or planning to claim benefits soon.Find out how to build a plan that keeps up with your real cost of living. Schedule a ch...
2025-12-2542 minMoney MentorsThe GoFundMe Retirement CrisisDid you hear about the 88-year-old Michigan man who's finally able to retire thanks to the kindness of strangers? After a social media influencer helped launch a GoFundMe campaign, Ed Bambas' story went viral, shining a light on what can happen when retirement planning falls short. On this week's episode of "Money Mentors," Taylor Steward and Riley Ruff of Mattson Financial Services break down Ed’s journey, why he ended up working well past traditional retirement age, and the planning mistakes many of us make. Most importantly, they share practical steps you can take now to avoid a sim...
2025-12-1849 minMoney MentorsA Reality Check on Crypto: What Market Volatility Is Telling UsCrypto is sliding - and it’s a reminder that not every hot investment belongs in a retirement portfolio. This week, Laurel & Taylor Steward of Mattson Financial Services break down what the recent crypto drop means for long-term investors and how to stay steady in a volatile 2025 market. Need a second opinion on your strategy? Schedule a chat now at www.MattsonFinancial.com.
2025-12-1148 minMoney MentorsBuilt to Last: Evaluating Investments and Real Estate for RetirementWhen you’re deciding where to save your retirement dollars, some investments might seem like a “can’t miss.” But even the most familiar names can fade. Think about Sears. At one point, stores were everywhere, now there are only a handful. And real estate? Some years it feels like a gold mine, other years… not so much.On this week’s episode, Laurel Steward and Gerald Green talk through how they look at investments for retirement and the practical steps they use at Mattson Financial Services to help clients keep their plans on track. It’s a relaxed, hones...
2025-12-0449 minMoney MentorsThe Season of Giving: Smart Moves to Maximize Your Tax SavingsAs we enter a season of giving, there are also year-end strategies you can use to make the most out of your charitable contributions - or even health expenses. Laurel Steward and Gary Mattson of Mattson Financial Services discuss those steps on this week's episode.And instead of standing in line for hours for Black Friday deals, we have some other moves that could bring you even more savings! Don't forget to add a visit to Mattson Financial to your year-end to-do list. Connect now at www.MattsonFinancial.com.
2025-11-2749 minMoney MentorsPreparing for Prescription Drug Costs in RetirementA new move by the White House could save retirees thousands of dollars on popular weight loss drugs, starting in 2026. But other drug costs are still very high - and unpredictable. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services discuss how they help clients prepare for the unexpected costs when it comes to medical care in retirement. We'll also explore whether it's possible to save too much for retirement. Snag one of our final year-end slots for a review of your retirement plan at www.MattsonFinancial.com.
2025-11-2049 minMoney MentorsThe Impact of Mass LayoffsFrom GM to Amazon to Meta, major companies are announcing thousands of job cuts in the 4th quarter, and whether you're one of those workers or an investor in one of these companies, it can have an impact on you. On this week's episode, Laurel Steward and Gerald Green of Mattson Financial Services discuss the impact of these mass layoffs and how to adjust to the changing labor market. We'll also prepare you for the upcoming holiday shopping season - and tackle some last-minute financial moves for 2025. Need a second opinion your plan in the home stretch of this year...
2025-11-1349 minMoney MentorsDealing With Financial Changes This FallJust like the weather, some big financial changes are in the air this fall. And if you're unprepared, things like market volatility, a government shutdown, tariffs and layoffs could impact you. On this week's episode, Laurel Steward and Gerald Green of Mattson Financial Services discuss how to adapt financially and prepare yourself for what's ahead. Need a year-end financial checkup? Schedule a chat now at www.MattsonFinancial.com.
2025-10-3048 minMoney MentorsThe Government Shutdown's Impact on YouUnless you work for the federal government or are doing some traveling right now, how much does the federal government shutdown really impact you? Laurel & Taylor Steward of Mattson Financial Services dig into that topic this week, discussing the potential impact of government gridlock - and how to protect your finances at times like this. We'll also share the results of a new survey from the University of Michigan on which group of consumers is still feeling the most confident about the economy. Have a question about anything you hear on this week's episode? Connect for a chat at www...
2025-10-2348 minMoney MentorsFourth Quarter Moves to Improve Your FinancesThe final few months of 2025 bring some unique planning opportunities when it comes to investing and tax planning. On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services break down the plays they're helping their clients make in the 4th quarter, as well as steps you can take to help maximize your retirement income as inflation creeps higher. Schedule your year-end retirement review now at www.MattsonFinancial.com.
2025-10-1658 minMoney Mentors4 Things Retirees Might Be Getting Wrong This YearThere are plenty of good things happening financially in 2025 - and some not-so-good things, so it's easy to make mistakes in a year like this one. On this week's episode, Gary Mattson and Laurel Steward of Mattson Financial Services discuss 4 mistakes retirees might be making when it comes to finances - and how to address them before the year is up! Need a year-end check-up on your retirement plan? Schedule a chat now at www.MattsonFinancial.com.
2025-09-2509 minMoney MentorsPotential Six-Figure Retirement Mistakes (Part 2)It's easy to make financial mistakes in retirement, but we want to help you avoid them, especially those that can be costly. This week, Laurel Steward and Gary Mattson of Mattson Financial Services continue our series on the potential mistakes that could cost you $100,000 or more in retirement - focusing on some of the tax and legal landmines that sometimes trip up retirees. Have questions about any of these issues? Connect with us for a chat at www.MattsonFinancial.com.
2025-09-1820 minMoney Mentors3 Important Retirement Questions for CouplesNavigating retirement as a couple can be exciting - but also challenging. After all, you might have different ideas or goals, and you might not discover that until you start putting your plan together. So, on this week's episode, Gary Mattson & Laurel Steward of Mattson Financial Services give you 3 questions to think about as you're getting started on your plan. Need help with the conversation? Schedule a chat at www.MattsonFinancial.com.
2025-08-2911 minMoney MentorsPrivate Equity & Your 401(k)The White House just made it easier for 401(k) plans to offer riskier investment choices, like private equity. But how do you know if it's too risky for your retirement goals? Gary Mattson and Taylor Steward break down the issue this week, as well as how to decide between saving in a traditional vs. a Roth 401(k). Download more info about how to manage - and avoid mistakes - in our free guide at www.Mattson401k.com.
2025-08-1410 minMoney MentorsMore Big, Beautiful Tax Perks for RetireesThis week, we continue our discussion about the big changes under the One Big Beautiful Act - specifically, the tax cut extensions and what that means from a planning perspective for the next few years. And that's not the only thing Congress has been up to. Listen as Gary Mattson and Laurel Steward explain the new crypto legislation in Washington, and how that might impact your investment strategy in the future. Have questions about the latest changes? Connect with us at www.MattsonFinancial.com.
2025-08-0714 minMoney MentorsWhy Most of Us Fail to Plan for Long-Term CareIf you've avoided the conversation about long-term care, you're certainly not alone. A new University of Michigan study sheds some light on just how many people put off the planning. On this week's episode, Laurel Steward and Corey Davis discuss why - and some of the misconceptions about what's covered by programs like Medicare. You might be surprised about the options that are available. Schedule a chat today at www.MattsonFinancial.com.
2025-07-1809 minMoney MentorsInvesting for the Long-TermA new survey has some surprising results on what Americans think are the best long-term investments (hint: it's not stocks!). This week, Laurel & Taylor Steward of Mattson Financial Services discuss the results and how they help clients invest for the years ahead in retirement, while weighing risk and their long-term goals. Schedule a time to go over your plan at www.MattsonFinancial.com.
2025-07-1110 minMoney MentorsYour Mid-Year Financial CheckupJust like your regular doctor's visits, it's always good to check up on your financial health - and the mid-way point of 2025 is a great chance to do that. On this week's episode, Laurel Steward and Corey Davis of Mattson Financial Services walk through some steps you might want to consider as you stress test your investments and income, as well as prepare for the holidays and take care of your physical health. Need help with your mid-year review? Check out our appointment times at www.MattsonFinancial.com.
2025-07-0311 minMoney MentorsFocusing on What Matters vs. Market VolatilityAt a time when we should be focusing on summer vacations and family time, some of us may be more worried about where the economy and market are headed from here. But on this week's episode, Gary Mattson & Laurel Steward of Mattson Financial Services discuss how to unplug from the headlines and let your financial plan guide your investment decisions. Plus, they offer some tips on how to keep summer travel memories alive for your older family members in their 'no-go' retirement years. Find more retirement resources at www.MattsonFinancial.com.
2025-06-2710 minMoney MentorsTough Questions to Ask Yourself About RetirementNo one ever said retirement would be easy, but in order to make it easier, it helps to address the tough questions ahead of time. On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss the difficult questions they address with their clients in order to help give them more confidence about their plans for the next chapter. Have some questions you'd like to address? Schedule a chat now at www.MattsonFinancial.com.
2025-06-1912 minMoney MentorsFacing a Layoff? Here's What to Do NextWe're entering a period where more pink slips are going out, even at major employers, as the economy begins to slow down. But if your job is impacted, what steps do you need to take to help secure your financial future? And how do you know if you can turn this into an opportunity to retire? Laurel and Taylor Steward of Mattson Financial Services walk through the questions to ask yourself on this week's episode. Need a second opinion on your buyout offer or severance package? Schedule a chat at www.MattsonFinancial.com.
2025-06-0511 minMoney MentorsSell in May and Go Away? No Way!After a volatile few months on Wall Street, it might be tempting to follow the old saying and just sell in May - and go away for the summer. But on this week's episode, Laurel and Taylor Steward of Mattson Financial Services explain why it's never really a good idea to take time off from investing, and how they approach it instead. Summer is a great time, though, to get a second opinion on your portfolio. Schedule one now at www.MattsonFinancial.com.
2025-05-2908 minMoney MentorsWhy Earning the Maximum Possible Social Security Check Isn't So EasyThe maximum benefit from Social Security in 2025 tops $5,000 a month - but there are a number of factors that you have to meet in order to reach that top tier benefit. So this week, Gary Mattson & Laurel Steward of Mattson Financial Services discuss what's really important when it comes to finding the right time for you to claim your benefits. Plus, how long could you stretch your Social Security and a healthy nest egg of $1,000,000? We'll have the results of a new study. Stress test your numbers at www.MattsonFinancial.com.
2025-05-2309 minMoney MentorsLessons from Warren Buffett's RetirementThe Oracle of Omaha has finally decided to retire - at 94! This week, Gary Mattson & Laurel Steward of Mattson Financial Services discuss his financial legacy & what lessons we can take away from the world's most well-known investor. We'll also discuss the sudden rush to claim Social Security - and whether it's justified. Have questions for your Money Mentors? Connect with us at www.MattsonFinancial.com.
2025-05-1510 minMoney MentorsNavigating Market Volatility as a Retiree or Pre-RetireeNavigating market volatility at any age is a challenge, but it's especially daunting when you're already retired or about to make the move to retirement, and your paycheck is largely dependent on your investment portfolio. On this week's episode, Laurel and Taylor Steward of Mattson Financial Services give us some perspective on the recent volatility on Wall Street and share strategies on how to cope if you're feeling nervous about how it might affect your retirement income. Need a second opinion about your plan? Schedule a 15-minute chat at www.MattsonFinancial.com.
2025-05-0110 minMoney MentorsThe Underwear & Lipstick Connection to a RecessionWhile the 24/7 news channels are talking about a recession, how do we really know if we're in one? Believe it or not - lipstick and underwear could provide some early clues! On this week's episode, Gary Mattson & Laurel Steward of Mattson Financial Services discuss the signs they also look for, as well as how to protect yourself and do a little financial spring cleaning that may help this time of year. Schedule a 15-minute chat to get a second opinion on your plan at www.MattsonFinancial.com.
2025-04-2511 minMoney MentorsThree Surprising Things It’s Ok To Spend Money on in RetirementGo ahead, give yourself permission to spend in retirement. After all, you worked hard for it, right? But where are some of the best places to spend your money? This week, Laurel & Taylor Steward of Mattson Financial Services dive into an interesting list that includes (spoiler alert!) - taxes. We'll explain that and the fun stuff it's ok to splurge on in retirement too. If you're wondering how much you can spend in retirement, start your plan with your Money Mentors at www.MattsonFinancial.com.
2025-04-1712 minMoney MentorsCase Study: He's Worried About the Market, But He Doesn't Want Her to WorryIt's not unusual for one spouse or the other to handle most of the investment decisions in the relationship, but when markets get rocky, that can cause a lot of pressure. On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss a hypothetical scenario on how to cope if you've been trying to handle your portfolio on your own - and now you're doubting your decisions, or you don't want to worry your wife or husband. Remember: it's always ok to seek out a second opinion. And if you need one now, connect for a chat...
2025-04-1008 minMoney MentorsRetirement Doesn't Mean Cutting BackYes, all the talk of tariffs and rising prices might make people a little nervous about retirement, but a new survey says people are also tired of being told to "cut back." On this week's episode, Laurel Steward and Gary Mattson of Mattson Financial Services discuss how they help clients enjoy the same lifestyle in retirement that they enjoyed while they were working. We also tackle how to find the "Goldilocks" savings strategy for retirement. Need a second opinion on your plan? Connect for a chat at www.MattsonFinancial.com.
2025-03-2711 minMoney MentorsThe Biggest Tax Surprises in RetirementTaxes don't go away in retirement. In fact, they can cause a few surprises. On this week's episode, Gary & Laurel discuss what surprises people the most - and how to avoid the common mistakes that can cost you money. Plus, does it make sense to give your assets away while you're still here to enjoy it with your family - or leave a legacy when you're gone? We'll discuss the pros & cons. Check out our upcoming events on Taxes in Retirement at www.MattsonFinancial.com/Events.
2025-03-2109 minMoney MentorsThe Retirement Tax IOUYou've been saving for years in your retirement savings accounts, whether that's a 401(k), IRA, TSP or 403(b). But did you know you have a silent partner waiting for their share when it's time to start spending that money? This week, Laurel Steward and Corey Davis of Mattson Financial Services discuss the tax IOU that comes due in retirement and how you can help minimize that tax liability with prior planning. We'll also discuss IRMAA - what is it, and how it could impact your Medicare premiums. Submit your questions to your Money Mentors at www.MattsonFinancial.com.
2025-02-2008 minMoney MentorsFederal Buyouts.& New Social Security Benefits for Public ServantsIf you're a federal employee or a public servant - whether that be a firefighter, teacher, or other government worker - there are some recent changes that may impact your retirement planning. On this week's episode, Laurel Steward and Corey Davis of Mattson Financial Services explain what to do if you're on the receiving end of one of the recent federal buyout offers. And we'll update you on the Social Security Fairness Act and how that could impact some public service workers. Need help figuring out how the changes impact you? Schedule a chat at www.MattsonFinancial.com.
2025-02-1308 minMoney MentorsTrump, Tariffs & TaxesThe first few weeks of the new Trump administration has included a flurry of economic activity - but what does the threat of new tariffs and the possibility of extended tax cuts mean for your bottom line? Laurel Steward of Mattson Financial Services helps you break through some of the noise on this week's episode. Let us help you put the focus on your personal economy with a customized retirement review. Schedule a chat now at www.MattsonFinancial.com.
2025-02-0710 minMoney MentorsRetirement Milestones from Your 50s to Your 70sWe think retirement planning should be important at all stages of life, but there are certain ages when key decisions could help determine just how successful you are when you're ready to stop working. This week, Laurel & Taylor Steward of Mattson Financial Services break down the key Retirement Milestones from 50 to 73, and how each step can help you along the journey. If you're hitting one of these milestones and need some help, reach out for a retirement review at www.MattsonFinancial.com.
2025-01-3114 minMoney MentorsSpecial Tax Series: Tax Forms & Roth ConversionsWe kick off our special series on taxes this tax season on what your tax forms might help you address about your retirement tax strategy. Plus, Laurel & Taylor Steward of Mattson Financial Services tackle a question about Roth conversions and income, and help clear up some confusion about conversions versus contributions. Need a second opinion on your retirement tax strategy? Let's talk. Schedule a chat at www.MattsonFinancial.com by clicking on the calendar button.
2025-01-2309 minMoney Mentors5 Issues That Could Impact Middle-Class Retirees in 2025From continuing high inflation to rising taxes, there's a lot coming at us in 2025. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services break down 5 issues that could impact middle-class retirees the most this year, and how to prepare yourself for them. Start the new year strong with a portfolio check-up. Schedule a chat now at www.MattsonFinancial.com.
2025-01-1612 minMoney MentorsFinancial Resolutions for 2025Made any financial resolutions for the new year? Fidelity says most Americans who have plan to 'live practically,' and are worried about unexpected expenses. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services discuss why that may be the case, and how to achieve some of those practical goals financially. Need a jump start on those dreams, goals and desires? Schedule a retirement chat now at www.MattsonFinancial.com.
2025-01-1011 minMoney MentorsRetirement Do's and Don'ts - And One NeverThere are all kinds of things to remember when it comes to retirement, but on this week's list, Laurel Steward and Gerald Green of Mattson Financial Services discuss Kiplinger's list of the 4 Do's and Don'ts of Retirement - plus the one thing they say you should never do. When it comes to your retirement questions, feel free to reach out with yours anytime at www.MattsonFinancial.com.
2025-01-0219 minMoney MentorsSocial Security's Full Retirement Age & How It's Changing in 2025One of the most common questions about retirement is often "When should I claim my Social Security benefits?" On this week's episode, Laurel Steward and Gerald Green of Mattson Financial Services discuss the program's full retirement age, how it's changing in 2025 and what to consider when you're making the decision on when to claim your benefits. Plus, we'll discuss the retirement paycheck that's waiting for President Biden when he retires in January! Find more retirement resources at www.MattsonFinancial.com.
2024-12-2608 minMoney MentorsPortfolio Lessons from 2024 to Carry Into the New YearDespite uncertainty about inflation, interest rates and the election, the market's been pretty resilient in 2024. On this episode, Gerald Green and Corey Davis of Mattson Financial Services discuss the lessons we can take away from Wall Street in 2024 and apply to how we approach portfolio decisions in the New Year. 2025 is also a great time for a portfolio check-up. Schedule yours now at www.MattsonFinancial.com.
2024-12-2009 minMoney MentorsPlanning to Live to 100Living to 100 is not out of the question these days. Just ask Laurel's grandma! On this week's episode, your Money Mentors from Mattson Financial Services discuss the possibility and how to plan for it financially. Need a plan that gets you through the go-go, the slow go and the 'no go' years? Set up a complimentary retirement review now at www.MattsonFinancial.com.
2024-12-1308 minMoney MentorsFrom Tariffs to Taxes: Financial Planning for the Next 4 Years Under the Trump AdministrationNow that we know the outcome of the election, it's time to plan ahead for what might be coming financially under the new administration. This week, Laurel and Taylor Steward of Mattson Financial Services discuss 4 changes that could be coming under President-elect Trump based on what he discussed during the campaign, and how it could impact your finances. Plus, we'll discuss how to tune out some of the market noise and focus on your own strategy. If it's time to review your strategy, connect for a quick chat now at www.MattsonFinancial.com.
2024-12-0511 minMoney MentorsThe Not-So-Free Steak DinnerOnce you reach your 50's and 60's, you get invitations in the mail all the time to steak dinners offering to teach you about various financial topics. But before you accept that next invitation, listen to this week's episode, which includes a cautionary tale about one man's experience - as Laurel & Gerald discuss the questions you might want to ask about a particular advisor or investment. Need a second opinion on your plan? Feel free to connect for a chat now at www.MattsonFinancial.com.
2024-11-2808 minMoney MentorsRetirement Goal SettingIf you're already in goal setting mode for 2025, this week's episode is for you. Laurel & Taylor Steward of Mattson Financial Services discuss some of the changes the IRS has announced for tax and retirement planning purposes for the new year that may benefit you - including a 'super' catch-up contribution for some retirement savers. Plus, we'll discuss the steps you might want to consider if you think you've already met your retirement goals. Go ahead and schedule your new year retirement check up now at www.MattsonFinancial.com.
2024-11-2110 minMoney MentorsYour Year-End Financial Checklist2024 is quickly coming to a close, but there's still time to make a few financial changes. On this week's episode, Laurel & Taylor Steward of Mattson Financial Services walk you through some financial steps you might want to take to finish strong - and set yourself up for a better 2025. Need a year-end retirement check-up? Set up a quick chat now at www.MattsonFinancial.com.
2024-11-1413 minMoney MentorsClick-to-Cancel & How to Get Out of a Bad Financial RelationshipThe FTC has a new rule to make it easier for consumers to cancel recurring subscriptions and memberships called 'Click-to-Cancel.' But how hard is it to cancel a financial service, product - or even advisor relationship - that's not working for you? Laurel & Taylor Steward of Mattson Financial Services discuss that on this week's episode. Plus, we'll dive into ways you might save by canceling a few services on a regular basis. Need a second opinion on something you've been sold? Connect for a chat at www.MattsonFinancial.com.
2024-11-0711 minMoney MentorsThe U.S. Gets a C+ For Retirement: What About You?A new international survey gives The United States a C+ grade for its retirement system. But Gerald Green and Marcus Grost, your Money Mentors at Mattson Financial Services, take issue with some of the survey's rankings. Find out why on this week's episode, and discover how you can take advantage of what the U.S. retirement system has to offer. Need help navigating decisions on things like Social Security and Medicare? Schedule a chat now at www.MattsonFinancial.com.
2024-10-3109 minMoney Mentors7 Challenges You May Encounter in the First Decade of RetirementWhile your Money Mentors at Mattson Financial Services have been through retirement hundreds of times through their clients, we know that for you - it's likely the first, and only time you'll ever go through it. So this week, Laurel Steward and Corey Davis explore the 7 challenges you may run into over the first 10 years of retirement, and how to navigate each one. Here's the good news: you don't have to go it alone. Reach out now for a complimentary retirement check-up at www.MattsonFinancial.com.
2024-10-2513 minMoney MentorsRetirement Doesn't Have To Be ScaryA new survey finds most Americans fear retirement more than they fear - dying! On this week's episode, your Money Mentors Laurel Steward and Marcus Grost of Mattson Financial Services discuss why so many people are scared of retirement, as well as the steps to take to overcome that fear. We'll also dive into one of the options you may have during Open Enrollment at your workplace that can help with future retirement health care costs - and save you in taxes. Schedule your year-end retirement check-up now at www.MattsonFinancial.com.
2024-10-1708 minMoney MentorsFacing Retirement When You're Suddenly SingleWhether you've lost a spouse, you never got married or perhaps you're divorced, this week's episode is for you. Our case study with your Money Mentors, Laurel & Taylor Steward, focuses on a hypothetical scenario of someone approaching retirement solo - and how that affects the planning process. Good news: you don't have to go it alone in retirement. Sign up now for your complimentary review at www.MattsonFinancial.com.
2024-10-1012 minMoney MentorsFinancial Plays for the 4th QuarterJust like a football game, the 4th quarter is very important when it comes to whether you 'win or lose' the year financially. This week, Laurel & Taylor Steward of Mattson Financial Services discuss the 4th quarter plays you may want to consider in 2024. We'll also dive into the surprises people find in their first year of retirement. See if you're prepared! Schedule a year-end retirement check-up now at www.MattsonFinancial.com.
2024-10-0308 minMoney MentorsHow Washington's Debt Problem Affects YouEvery few months, Congress has to race to avoid a government shutdown as lawmakers fail to reach a deal on a new spending plan. But this kicking the can down the road will likely have an impact on all of us as taxpayers in the future. On this week's episode with Gerald Green and Marcus Grost, we'll discuss what it might mean for you & your family. Plus, we dive into the immediate impact of the recent Fed rate cut on your savings options. Need a year-end financial review? Schedule a chat now at www.MattsonFinancial.com.
2024-09-2610 minMoney MentorsWhat Your Parents Never Told you About MoneyAfter more than three decades of helping people retire successfully, Mattson Financial Services founder Gary Mattson has finally put that experience on paper. This week, learn about his new book, "What Your Parents Never Told You About Money," and how you can get your hands on one of the first copies. Or buy your copy here: https://www.amazon.com/What-Parents-Never-About-Money/dp/B0D8KDSHKX
2024-09-1912 minMoney MentorsDoes It Really Take $1.8 Million to Retire Comfortably?Forget $1 million. A new survey says many Americans now think it will take $1.8 million in order to retire comfortably! On this week's episode, Laurel & Gerald discuss why that may - or may not - be the case, and how to get closer to your own comfortable number. Plus, we celebrate the 94th birthday of one of the world's most well-known investors. Need a second opinion on your retirement or investment strategy? Connect now at www.MattsonFinancial.com.
2024-09-1210 minMoney MentorsFuzzy Math: Should We Trust the Data?There's a lot of economic data coming our way right now, but it turns out the government got it wrong (really wrong!) on one big piece of the economic picture. So, who do we trust? And what if that data leads to interest rate cuts this fall? Laurel & Taylor discuss it on this week's episode, but if you need an analysis of your own economic data, connect now at www.MattsonFinancial.com.
2024-09-0510 minMoney MentorsHow Much Should I Stash in My Emergency Fund?We all want a cash cushion to help with life's emergencies, but how much should we put away in that retirement fund...especially if we're retired? Gary & Marcus discuss the numbers on this week's episode, and how they approach dividing up your assets into easy-to-understand options for retirement. Need help with questions like this? Set up a chat now at www.MattsonFinancial.com.
2024-08-2909 minMoney MentorsCommon Retirement Scenarios: Jim & WendyChances are, your questions about retirement are similar to many others we receive on "Money Mentors." So, this week, Laurel & Taylor delve into a retirement scenario for a hypothetical couple, Jim & Wendy. We'll walk step-by-step through the Mattson Financial process for helping people solve their own retirement puzzles. See if one of your questions comes up - and feel free to reach out for a personalized consultation at www.MattsonFinancial.com.
2024-08-2309 minMoney MentorsWhy 2026 Is On Our Tax RadarWhile all the talk is about who wins the White House in 2024, we're preparing for tax changes (no matter who's in office) in the next 2 years. This week, Laurel & Taylor Steward of Mattson Financial Services explain why good savers and retirees need to circle 2026 on their calendars - and start some forward tax planning during this calendar year. Find out what your retirement tax bill might look like at www.MattsonFinancial.com.
2024-08-1509 minMoney MentorsWhy We Don't Sweat Market VolatilityMany investors see red arrows on Wall Street and panic, but at Mattson Financial Services, we look at it as an opportunity. Take a peek inside our investment philosophy on this week's episode with Laurel & Taylor Steward. And if you need a second opinion on your investment strategy, connect with us at www.MattsonFinancial.com.
2024-08-0809 minMoney MentorsA Presidential Retirement vs. Your RetirementWhile President Biden prepares to call it quits after this term, he stands to make more as a retiree than he did as Commander in Chief! This week, Laurel Steward & Corey Davis of Mattson Financial Services discuss whether you might be able to structure your retirement the same way. Plus, find out how the political changes might impact your investment strategy. Get a complimentary second opinion on your retirement plans at www.MattsonFinancial.com.
2024-08-0112 minMoney MentorsPolitics & Your PortfolioThe political events of the last few weeks may not shake the markets - but they may shake our confidence. On this week's episode, Gary Mattson & Corey Davis of Mattson FInancial Services explain how the uncertainty may impact your investment decisions from here. We'll also discuss how traditional 60/40 portfolios may be outdated - and what to consider instead. Need a portfolio check-up? Connect with your Money Mentors at www.MattsonFinancial.com.
2024-07-2509 minMoney MentorsI Bonds Are Less Attractive - Now What?I bonds are paying less than they were a couple of years ago, but interest rates are still high, so this week Laurel & Gerald discuss options for the more conservative side of your portfolio that you may want to consider. And if you're thinking of a move just to save on taxes - hold up. We'll discuss the pros & cons. Have a question for your Money Mentors? Ask it in person at our August First Friday event. Just RSVP here: https://mattsonfinancial.com/events/index.html
2024-07-1811 minMoney MentorsFOMO & Your 401(k)A new survey by Vanguard reveals how much 401(k) savers are contributing each year...so how do your numbers compare? Gary & Corey discuss the keys to saving successfully in your retirement accounts, plus what to do if you have FOMO with the current market. Need a second opinion on your 401(k)? Check out www.Mattson401k.com.
2024-07-1109 minMoney MentorsRetiring in a RushIdeally, you've been planning for retirement for years. But what if you have to make that decision in a hurry? This week, Gary & Corey discuss the steps you might want to take if your retirement is just days, weeks or a few months away. We'll also discuss how to do a mid-year review of your finances and investments in 2024. Need help with that? Connect now at www.MattsonFinancial.com.
2024-07-0411 minMoney MentorsThe Investing Secret No One Talks AboutSuccessful investing is much more than just luck - or picking the right stocks. This week, we discuss the one component that even successful investors don't talk about, and how it can make a difference for both you & your family. Gerald and Corey also discuss how to create a withdrawal strategy for retirement when you have multiple accounts. Need help with your questions? Connect with your Money Mentors at www.MattsonFinancial.com.
2024-06-2708 minMoney MentorsThe Upside of InflationThe Federal Reserve is still struggling to reach its inflation target, and the real life impact on us is higher prices for just about everything we buy. But is there an upside to inflation and higher interest rates for retirement savers? Laurel & Gerald discuss that on this week's episode. Plus, our Summer Savings Series continues with lessons on how even spouses who don't work outside the home can save more for retirement. Have a question you'd like us to address on the podcast? Drop us a note at www.MattsonFinancial.com.
2024-06-2008 minMoney MentorsSummer Savings Series: The Importance of FeesThink of all the fees you pay in your daily life. From streaming services to concert tickets to airline fares...they're everywhere! But some of the biggest fees you'll ever pay may be hiding in the fine print on your investments or even your 401(k). As part of our Summer Savings Series on "Money Mentors," Laurel and Taylor discuss the importance of knowing what you're paying in fees when planning for retirement. Connect now at www.MattsonFinancial.com to have our team run a complimentary fee analysis for you.
2024-06-1309 minMoney Mentors5 Key Questions to Ask About Your RetirementAll kinds of questions come up when you make the decision to retire, but are you asking the right ones? This week, Gary & Laurel discuss 5 key questions to consider to help you plan for life after work...and they're not all financial. Need help with any one of these questions? Connect to set up a visit with your Money Mentors at www.MattsonFinancial.com.
2024-06-0610 minMoney MentorsThe Meme Stock Craze & What It Means For YouMeme stocks are back in the headlines, but should these social media-driven investments cause you any concern? Gary & Laurel dive into this topic this week, as well as the latest projections for a Social Security cost-of-living raise in 2025. Have questions about something in the headlines? Drop us an e-mail at www.MattsonFinancial.com.
2024-05-3011 minMoney MentorsThe Surprises You May Encounter in the First Few Months of RetirementRetirement is full of surprises, but you also want to keep those to a minimum - especially as you settle in to your next chapter. This week, Taylor & Gerald discuss the common surprises that come up in the first 6 months of retirement. We'll also discuss why so many people don't know if they can retire. If that's a question in your mind, connect now for a chat at www.MattsonFinancial.com.
2024-05-2310 minMoney MentorsIt's Graduation Season: Have You Graduated to a New Level of Investing?Graduations aren't just for your kids & grandkids. Depending on how much you've saved for retirement, you may also be ready to graduate to a different level of investing. On this week's episode, Laurel & Gerald talk about when you might want to leave certain strategies behind - and why new levels of savings might mean more options for retirement investing. Need a second opinion on your plan? Connect now at www.MattsonFinancial.com.
2024-05-1613 minMoney MentorsTax Deadlines: Changes in Inherited Account Tax Rules & The May Deadline That Could Affect YouCertain changes are on hold when it comes to inherited retirement accounts, so if you've been the recipient of someone's IRA, 401(k) or other account in the last few years, you'll want to catch this week's episode. Laurel & Taylor also discuss an important May 17th deadline for taxpayers - and this one could help put more money in your pocket! Need some help with the tax rules for your retirement? Check out our resources at www.MattsonFinancial.com.
2024-05-0910 minMoney MentorsThe Big Question: When Should I Retire?Should you retire at the top of your game - or when things are on the decline career-wise or health-wise? Making that decision is a struggle, even for top athletes like Tiger Woods. This week, Laurel & Gerald discuss some of the non-financial factors that go into that decision. Plus, we'll preview our May First Friday event. Find the details at www.MattsonFinancial.com.
2024-05-0207 minMoney MentorsWhat Your Tax Return Can Show You About Planning for the FutureNow that you've (hopefully) filed your taxes for last year, don't file that tax return away just yet. This week, Laurel & Gerald discuss what it can show you about how to plan for a more tax-efficient future. We also discuss the 3 tax buckets - and how to get more into that tax-free bucket for retirement. Curious about your retirement tax bill? Click the calculator at www.MattsonFinancial.com.
2024-04-2510 minMoney MentorsPay Now or Pay Later? The Big Tax Question for Retirement SaversEvery time you save a dollar into a traditional retirement account versus a Roth, you're making a decision about paying taxes now vs. later in retirement. But which strategy makes sense for you? And why would you want to pay now versus later? Laurel & Taylor dive into this topic this week, as well as some of the more unusual tax deductions the IRS has allowed over the years. Have questions about tax planning for retirement? Connect with our team for a chat at www.MattsonFinancial.com.
2024-04-1809 minMoney MentorsThe Millionaire Retirement - And Can You Make It on Less?As the market surges, so does the number of 401(k) millionaires. If you're one of them, how do you keep what you have and continue growing that pot of money? And what if you don't have a million in savings? Can you still make retirement work? Laurel & Gerald discuss the million-dollar pitfalls and opportunities on this week's episode. Check out more about our 401(k) resources at www.Mattson401k.com.
2024-04-1107 minMoney MentorsRaising the Social Security Age: Is It a Good Idea?Some politicians are floating the idea of raising the retirement age for Social Security. But if they follow through, what would that mean to you? Laurel dives into the details this week to explain the pros & cons. We'll also discuss how your basketball picks this time of year may also correlate with how you pick your investments. Check out more resources for your retirement at www.MattsonFinancial.com.
2024-04-0408 minMoney MentorsAvoiding Tax & RMD Surprises in RetirementYour tax picture often changes in retirement, thanks to different rules on how retirement income is taxed - plus the required minimum distributions that kick in during your 70's. This week, Laurel & Taylor discuss what catches retirees offguard the most, and how you can avoid tax surprises with a little forward planning. Curious about your retirement tax bill? Click on the calculator at www.MattsonFinancial.com.
2024-03-2811 minMoney MentorsThe Brackets That Really Matter This Time of YearBrackets busted, anyone? Forget the basketball...maybe we should focus instead on tax brackets. This week, Laurel & Taylor discuss the 'fun' that can be had in getting into the lowest tax bracket possible in retirement. They'll also explain IRMAA. No, it's not your long lost aunt - but it could impact you once you're of Medicare age. Find more retirement resources at www.MattsonFinancial.com.
2024-03-2108 minMoney MentorsWhat To Consider in Tough Retirement ScenariosSometimes life hands you challenges - things like a pink slip, or divorce. But there are ways you might be able to take those challenges and turn them into retirement opportunities. Listen to Laurel & Gerald this week as we discuss how to evaluate buyout offers - or in the case of divorce, research your Social Security options. Need a second opinion? Connect with our team at www.MattsonFinancial.com.
2024-03-1409 minMoney Mentors3 Ways You Might Be Able to Save On Taxes as You Close in on RetirementWho says getting older doesn't have its perks? On this week's episode, Gary & Laurel discuss some of the tax breaks you can take advantage of to boost your retirement plan as you reach your 50's and 60's. Talk to our team about how to build your tax efficient plan at www.MattsonFinancial.com.
2024-03-0708 minMoney MentorsWait...I Pay Taxes on My Social Security Benefits?!One of the big, unfortunate surprises for retirees is that yes, you may have to pay taxes on your Social Security benefits. On this week's episode, Laurel & Taylor discuss the income thresholds you need to know when it comes to taxability. We'll also discuss why your RMD might also be bigger than you expected in 2024. Need some help with your retirement numbers? Connect for a chat at www.MattsonFinancial.com.
2024-02-2909 minMoney MentorsRetirement Shouldn't Mean Having to Take a Pay CutWhile inflation has eased, there are some areas where prices are increasing by double digits...so how is your retirement income supposed to keep up? Gary & Laurel discuss this issue this week, and why you shouldn't have to settle for a pay cut in order to retire successfully. Wondering how you can keep up? Connect for a chat at www.MattsonFinancial.com.
2024-02-1508 minMoney MentorsPeak 65: Are You Part of the Trend?America's reaching "peak 65," as millions of baby boomers reach an important retirement milestone in the next couple of years. This week, Gary & Laurel dive into the decisions you'll want to be prepared to make, whether you plan to retire at 65 or not. Have questions about your retirement milestones? Chat with us at www.MattsonFinancial.com.
2024-02-0809 minMoney MentorsTaking Advantage of Tax SeasonSure, tax season can seem like a chore, but it's also a good opportunity to revisit your financial situation and look for additional savings. Laurel discusses the things to look for as you gather your financial documents, plus how your Money Mentors at Mattson Financial Services keep themselves up to date on all the latest changes. Time for a retirement tax check-up? Schedule it now at www.MattsonFinancial.com.
2024-02-0107 minMoney MentorsThe Most Stressful Jobs (and How to Say Goodbye to the Stress!)The list is out on this year's most stressful jobs...is yours on it? Find out on this week's episode. Gary and Laurel discuss how to approach retirement if you've had enough. We'll also explain why more workers are sticking with their jobs, even into their 70's and 80's. No matter when you decide to retire, we're here to be that resource for you. Connect anytime at www.MattsonFinancial.com.
2024-01-1109 minMoney MentorsWhere Are Interest Rates Headed in 2024?Wall Street's been hyper-focused on the Fed headed into the New Year. This week, Gary & Laurel discuss what's ahead for interest rates and why it matters to you. There's also a new survey that shows the average Michigan worker retires at 62. If that's you, what do you need to think about before making the decision to retire that young? Check out more retirement resources at www.MattsonFinancial.com.
2024-01-0410 minMoney MentorsGood Debt vs. Bad DebtIt may be tempting to charge purchases for Christmas or other big occasions, but when it comes to debt, what's good and what's bad? Gary & Laurel discuss that this week - plus, the changes that are coming to student aid forms. Learn how your income as a parent or grandparent could impact what your kids or grandkids qualify for when it comes to college grants & loans. Have a question for your Money Mentors? Drop us an e-mail at www.MattsonFinancial.com.
2023-12-2909 minMoney MentorsGetting the Max Out of Social SecurityEver wonder how you could get the maximum benefits out of Social Security in retirement? On this week's episode, Laurel dives into what it would take to get the biggest monthly check possible (and it's not easy). Need some help with your Social Security decisions? Get a full-blown retirement check-up by setting up a chat at www.MattsonFinancial.com.
2023-12-2110 minMoney MentorsA Quick Financial Year-End To-Do ListThe clock's ticking on 2023, but there's still time to make a few year-end financial moves to set yourself up for a better 2024, especially tax-wise. Listen this week as Gary & Laurel walk you through a few steps, including some you can do on your own. And you have to hear this week's story about an unlikely millionaire who gave his town a special gift this holiday season. Find more year-end resources now at www.MattsonFinancial.com.
2023-12-0709 minMoney MentorsThe Importance of Reading the Fine PrintA couple of stories in the headlines this week remind us to always read the fine print - whether it's a buyout offer, a "dream" vacation deal or any other investment. Gary & Laurel explain what to look for. Plus, a Vanguard report tells us the single biggest factor in a successful retirement. Whether it's understanding the fine print or building a plan that helps you sustain your retirement lifestyle, we're here to help at www.MattsonFinancial.com.
2023-11-3011 minMoney MentorsThe Tough Retirement ConversationsThis week, Gary & Laurel share the very personal side of a family dilemma they're facing as Gary's mom gets older. We'll also discuss the tougher decisions that may come along for you in retirement, and how to address them. Whether it's a health crisis, protecting your assets or talking about these topics with your kids and grandkids, we're here to help. Connect to chat with us at www.MattsonFinancial.com.
2023-11-1609 minMoney MentorsAre We Entering A Spooky Season for the Markets?October through the end of the year can be a spooky time for the markets, but it doesn't have to be. This week, Gary & Laurel discuss the risks in the market in the home stretch of 2023. We'll also talk about the small moves that can add up to bigger wealth over time. Get your year-end retirement check-up now. Connect with us at www.MattsonFinancial.com.
2023-11-0209 minMoney MentorsInvesting at a Time of WarThe war in Israel is adding to pressures on the market & economy, but how does it affect the way we invest for the short-term? Gary & Laurel dive into this topic this week. Plus, we'll discuss the "raise" Social Security recipients will get in 2024. Is a 3.2% cost-of-living adjustment enough? Get a second opinion on your plan now at www.MattsonFinancial.com.
2023-10-2610 min