Shows
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Wealth Is In The Details PodcastReflecting on 2025 and Looking Ahead to 2026 with the Raskin Planning Group Team (Ep. 147)Taking time to reflect can bring perspective, clarity, and renewed intention. Looking ahead with purpose helps turn lessons into meaningful action.
In this episode, Peter Raskin is joined by the team at Raskin Planning Group, Kathryn Broy, Alexander LaCroce, Tony Araujo, and Declan Davis for the annual Raskin Planning Group year-in-review and outlook conversation.
The team shares personal moments from 2025 that inspired growth, including travel, family milestones, creative pursuits, and career development. They reflect on lessons learned through routines, responsibility, and professional change. The discussion also looks ahead to 2026, focusing on motivation, relationships, teamwork, and i...
2026-01-2739 minWealth Is In The Details PodcastPlanning Ahead for 2026 With a Practical Financial Checklist (Ep. 146)A new year often brings pressure to make changes, but thoughtful planning can be a far more useful starting point. Rather than focusing on rigid resolutions, a structured review can help households feel organized and prepared.
In this episode, Peter Raskin walks through a comprehensive planning checklist to help individuals and families prepare for the 2026 calendar year. He explains how reviewing the prior year, setting new goals, and anticipating life events create clarity before making financial decisions. The conversation covers age-based milestones, cash flow awareness, assets and debt, tax preparation, insurance reviews, and estate planning, all framed...
2025-12-3037 minWealth Is In The Details PodcastManaging Life Transitions Through Financial Planning (Ep. 145)Life can change quickly, and those shifts often leave us reassessing what matters most.
Moments of uncertainty can feel heavy, yet they also open space for renewed direction. Thoughtful planning gives structure to those moments and helps guide steady decisions.
In this episode, Peter Raskin reflects on the many transitions clients experienced this year and how planning supports clarity through change. He shares real examples of families dealing with retirement questions, concentrated stock positions, charitable goals, and market anxiety. Peter highlights how planning offers direction, keeps people grounded, and creates a path forward no matter...
2025-12-0328 minWealth Is In The Details PodcastMaking Sense of Medicare: What You Need to Know Before Open Enrollment Ends (Ep. 144)Turning 65 comes with many decisions, and few are as important or confusing as Medicare.
Between Parts A, B, D, Medigap, and Advantage plans, it’s easy to feel overwhelmed by choices and costs.
In this episode, Peter Raskin explains how Medicare works, what each part covers, and how to make informed decisions during open enrollment. He breaks down the differences between Medigap and Medicare Advantage, highlights how income can affect premiums, and shares tips for staying flexible as your health or lifestyle changes.
Peter discusses:
The basics of Medicare Parts A, B, and...
2025-11-1920 minWealth Is In The Details PodcastThe Power of Direct Indexing: Personalization, Control, and Tax Efficiency (Ep. 143)Investors often look for ways to balance cost, performance, and control, but what if there were a method that let you own the actual stocks behind an index and tailor them to your needs?
Technology has made that possible through direct indexing, a strategy that’s reshaping how investors think about diversification and tax management.
In this episode, Peter Raskin explains how direct indexing works, who can benefit from it, and why it’s becoming an increasingly popular option for investors who want more flexibility, personalization, and tax efficiency in their portfolios. He also compares it t...
2025-10-2223 minWealth Is In The Details PodcastBuilding Your Year-End Financial Checklist (Ep. 142)As the year closes, financial planning opportunities emerge that can set the stage for a stronger future.
How do you make the most of tax strategies, savings tools, and estate planning before the calendar turns? What should be reviewed now to avoid last-minute stress in December?
In this episode, Peter Raskin shares a practical year-end checklist covering investments, tax strategies, cash flow, insurance, and estate planning. He explains how timely action helps families and business owners finish the year prepared and step confidently into the new one.
Peter discusses:
Reviewing investment accounts...
2025-10-0124 minWealth Is In The Details PodcastProtecting Wealth Through Insurance with Robert Mansfield, CPCU (Ep. 141)Insurance can feel like a maze of jargon, rising costs, and confusing policies, but it’s also one of the most important tools for protecting wealth.
How do you know if your coverage is enough? When should you shop around, raise deductibles, or consider umbrella protection?
In this episode, Peter Raskin talks with longtime friend Robert Mansfield, CPCU, Senior Vice President at HUB International New England, about the essentials of property and liability insurance. Together, they unpack the reasons behind soaring premiums, the critical role of umbrella coverage, strategies for handling claims, and the growing ne...
2025-09-1746 minWealth Is In The Details Podcast2025 Tax Law Updates and Strategic Planning (Ep. 140)From new tax rules to little-known retirement plan strategies, 2025 is shaping up to be a year of significant changes for many taxpayers.
In this episode, Peter Raskin unpacks timely provisions from the “One Big Beautiful Bill Act,” explains a tax-saving approach for employer stock, and addresses the impact of Massachusetts’ Millionaires’ Tax. With practical examples and forward-thinking strategies, he shares how clients are adapting their financial plans to take advantage of new opportunities and avoid costly surprises.
Peter discusses:
The key provisions of the 2025 “One Big Beautiful Bill Act,” including unchanged tax brackets, higher standard ded...
2025-08-2028 minWealth Is In The Details PodcastTaxes Aren’t Everything: Prioritizing Your Financial Objectives (Ep. 139)Taxes may be inevitable, but how you approach them can make a meaningful difference in your long-term financial path.
In this episode, Peter Raskin unpacks the recently signed “One Big Beautiful Bill” and what it means for families and individuals. More importantly, he breaks down how to think about taxes not in isolation, but in the broader context of your goals, values, and peace of mind for your family’s future.
Key Points Covered:
The newly passed “One Big Beautiful Bill” and why tax rates staying the same may not be the full story
How deferr...
2025-08-0635 minWealth Is In The Details PodcastFinancial Realities of Later-Life Marriages (Ep. 138)Love and finances often intertwine in unexpected ways, especially in later-life marriages.
From tax strategies to estate planning, every decision reflects a delicate balance between personal connection and practical considerations.
In this episode, Peter Raskin explores the unique financial challenges faced by older couples tying the knot. With stories and strategies, Peter offers guidance to help navigate the complex decisions surrounding later-life marriages.
Peter discusses:
Strategies for managing joint and individual financial goals in later-life marriages
The impact of tax planning on marriage decisions, including joint filing benefits
Important insurance considerations, from h...
2025-07-1628 minWealth Is In The Details PodcastUnderstanding Biases That Shape Your Financial Behavior (Ep. 137)Your emotions may be costing you more than you think, especially when it comes to financial decisions.
In this episode, Peter Raskin explores how common behavioral biases influence investor decisions and why recognizing them is crucial for effective long-term planning. He reflects on his recent travels to Morocco and connects those insights with the emotional triggers he sees in client behavior. From empathy to automation, Peter offers grounded strategies for responding thoughtfully in uncertain times.
Peter discusses:
The emotional triggers clients face in periods of uncertainty and how those feelings influence financial decision-making
Seven...
2025-06-2531 minWealth Is In The Details PodcastManaging Wealth Amidst Uncertainty (Ep. 136)Uncertainty looms in every corner of our lives, but can we turn it into clarity?
How do financial decisions shape long-term security and day-to-day sense of security?
What strategies can help align investments with life’s changing seasons?
In this episode, Peter Raskin reflects on balancing short-term challenges with long-term objectives, explaining how clients can maintain confidence through thoughtful planning. From volatile markets to personal milestones, Peter offers insights into wealth management that prioritizes resilience and practicality.
Key topics covered:
Understanding Market Uncertainty
Tax Planning and 1099 Delays
Addressing Life Events: Ill...
2025-06-0430 minWealth Is In The Details PodcastPlanning for Uncertainty: Retirement Income Strategies (Ep. 135)Market swings and economic shifts can leave retirees feeling uncertain about their financial future.
How can you ensure your income remains steady, even when the unexpected happens?
In this episode, Peter Raskin explores retirement income planning strategies that help individuals stay financially stable despite market fluctuations. He breaks down the “bucket approach” to managing assets and highlights key risks retirees should consider when planning their financial future.
Peter discusses:
The impact of economic uncertainty on retirement planning and how to assess personal financial stability
The “bucket approach” to structuring retirement income for different...
2025-04-0725 minWealth Is In The Details PodcastStress-Free Tax Preparation (Ep. 134)Tax season can be overwhelming, but with some simple strategies, you can transform it into a manageable process.
In this episode, Peter Raskin outlines practical tips for preparing your taxes with ease. From organizing documents to leveraging deductions and credits, Peter shares actionable insights to make tax preparation less daunting. He emphasizes the importance of collaboration with tax professionals and staying proactive to avoid last-minute stress.
Peter discusses:
The benefits of keeping organized financial records and reviewing prior tax returns for reference
Key income and deduction categories to track, including self-employment expenses, charitable contributions...
2025-03-2127 minWealth Is In The Details PodcastInsights from Peter Raskin regarding Financial Planning in Turbulent Times (Ep. 133)In today’s uncertain financial landscape, mastering the balance between planning for the future and living in the present is essential.
How do political shifts influence personal financial decisions? How can investors navigate risk while maintaining security in their portfolios?
Join host Peter Raskin as he discusses the importance of financial planning amidst economic and political changes by providing insights on managing portfolios, and addressing common client questions about market volatility, bonds, and long-term strategies.
Key insights include:
How political changes and economic shifts may influence markets and investment strategies
The importance of...
2025-03-0435 minWealth Is In The Details PodcastUnlocking the Potential of Trusts with Kendalynn Mowery (Ep. 132)Trusts offer powerful tools for protecting assets, reducing taxes, and planning for future generations. But how do you choose the right structure for your unique needs?
This week, Peter Raskin is joined once again by Kendalynn Mowery from Premier Trust Company to explore the benefits and strategies behind Nevada-based trusts. Kendalynn shares actionable insights into asset protection, tax advantages, and creating a lasting legacy through thoughtful trust planning.
Kendalynn discusses:
How Nevada’s favorable trust laws provide tax advantages, long-term flexibility, and robust asset protection
Asset Protection Trusts, including who benefits most and why ti...
2025-02-1223 minWealth Is In The Details PodcastReflecting on 2024 and Anticipating 2025 with the Raskin Planning Team (Ep. 131)Curious about the behind-the-scenes dynamics of Raskin Planning Group? How about discovering some personal stories from the faces powering the financial planning services?
In this episode, Peter Raskin welcomes the entire Raskin Planning Group team to review 2024 and look ahead to 2025. Get to know Kathryn, Alex, Tony, and Josh as they share personal experiences and insights from the past year, ranging from exciting travel adventures to new challenges. This is a perfect opportunity to connect more closely with the team you’re entrusting your financial future to.
Peter Raskin chats with:
Kathryn Broy on her...
2025-01-2239 minWealth Is In The Details PodcastPlanning for the Future: Life Insurance as a Tool for Security and Legacy (Ep. 130)Life insurance is more than a financial product—it’s a way to express love and care for your family and future.
How can life insurance provide stability in uncertain times? How does it evolve with your goals throughout life?
In this episode, Peter Raskin discusses the essential role of life insurance in creating wealth, liquidity, and a legacy for loved ones. He explains how it protects families, pays off debts, and adapts to evolving financial needs over a lifetime.
Peter discusses:
Using life insurance to create financial security for families, covering mortg...
2024-12-3132 minWealth Is In The Details PodcastUnderstanding Trusts: An Essential Tool in Estate Planning (Ep. 129)What’s the best way to protect and transfer wealth across generations?
In this episode of Wealth Is In The Details, host Peter Raskin welcomes Kendalynn Mowery from Premier Trust Company to explore the intricacies of trust planning.
Trusts can be a powerful tool in estate planning, offering more flexibility and protection than a traditional will, especially in wealth transfer across generations. Whether you’re considering lump sum or periodic disbursements, Kendalynn explains why trusts are not just for the wealthy or those concerned about beneficiaries’ spending habits.
With insights into the diverse types of...
2024-12-1935 minWealth Is In The Details PodcastProactive Year-End Financial Planning for 2024 (Ep. 128)The end of the year brings a crucial opportunity to review and optimize financial plans.
In this episode of The Wealth Is In The Details Podcast, Peter Raskin dives into year-end financial planning strategies to keep you ahead of the curve.
Understanding your tax brackets, planning for capital gains and losses, and utilizing charitable contribution strategies are pivotal in managing your finances efficiently.
Whether you’re dealing with capital gains, preparing for retirement, or ensuring your estate plan is in order, there’s actionable advice for everyone looking to secure their financia...
2024-12-0434 minWealth Is In The Details PodcastWhat Keeps Clients Up at Night? (Ep. 127)Financial planning isn’t just about numbers; it’s about addressing the real-life concerns that keep clients awake at night.
How do we help clients navigate personal challenges while ensuring their financial stability? What are the most pressing issues clients face today?
In this episode of The Wealth Is In The Details podcast, Peter Raskin shares insightful stories from his clients’ wealth journeys, revealing what truly matters to them and how detailed planning can provide peace of mind.
You’ll learn why clients focus on personal, impactful conversations rather than market fluctuations or global ev...
2024-11-2737 minWealth Is In The Details PodcastHow to Incorporate Charitable Giving into Your Financial Plan (Ep. 126)Are you maximizing the tax benefits of your charitable donations?
In this episode of Wealth Is In The Details, Peter Raskin dives into the topic of charitable giving, exploring how to frame philanthropy within your financial plan. Learn about the three types of givers and discover tax-efficient strategies such as donor-advised funds and charitable remainder trusts. Peter shares insightful case studies to illustrate how tailored charitable planning can align with both your philanthropic and financial goals. Whether you’re new to philanthropy or looking to enhance your giving strategy, this episode offers valuable tips for everyone.
...
2024-11-1329 minWealth Is In The Details PodcastHow Upcoming Tax Changes Could Impact Your Finances (Ep. 125)Are you ready to navigate the potential tax changes on the horizon?
Understanding how upcoming tax law changes can impact your financial plan is critical! Get ahead of these changes with proactive planning.
In this episode of Wealth Is In The Details, Peter Raskin discusses the implications of upcoming tax law changes and how they might impact your financial planning strategies. He explores the nuances of the Tax Cut and Jobs Act of 2017, scheduled changes in 2026, and provides advice on how to prepare wisely. Tune in to understand the importance of working with financial professionals...
2024-10-0919 minWealth Is In The Details PodcastPlanning Your Summer Travels? Don’t Miss These Brewery Tips! with Hal Mooney (Ep. 124)Ever wondered if all dark beers are heavy or if beer really should be served ice cold? Let’s debunk these myths and dive deep into the rich world of beer with certified expert Hal Mooney!
In this episode of Wealth Is In The Details, Peter Raskin speaks with professional beer taster and co-founder of Your Beer Friend Hal Mooney to unravel common misconceptions about beer and explore the diverse landscape of the craft beer industry. Discover the truth about dark beers, the wide variety of lagers, and how the US beer scene competes on a global sc...
2024-09-1854 minWealth Is In The Details PodcastFinancial Planning Rules of Thumb (Ep. 123)Are financial rules of thumb guiding your journey to wealth? Discover why these shortcuts might not work as well as you think and how personalized strategies can make all the difference.
Today on Wealth Is In The Details, Peter Raskin debunks common financial planning rules of thumb, from “safe distribution rates” to “tax deferral.” He explains why these generalized strategies can be risky and teaches how tailored advice offers better clarity and confidence. Tune in to explore effective financial planning strategies rooted in professional insight rather than shortcuts.
Peter discusses:
Why fixed withdrawal rates from you...
2024-08-2931 minWealth Is In The Details PodcastThe Bucket: Living Fully and Avoiding Regrets with David Abend (Ep. 122)Want to live life with no regrets and embrace your mortality as a catalyst for fulfillment?
Today on Wealth Is In The Details, Peter Raskin welcomes his longtime friend David Abend, co-founder of The Bucket, about transforming deathbed regrets into a life well-lived. David shares his journey from advertising to co-founding The Bucket, a community focused on helping individuals lead more fulfilling lives by confronting their mortality. Learn how mortality can act as a powerful motivator to rethink priorities, embrace joyful experiences, and live authentically.
David discusses:
The Bucket’s mission to help people re...
2024-08-0732 minWealth Is In The Details PodcastWhy Cash Might Not Be King: Understanding Investment Risks (Ep. 121)Could keeping your money in cash actually be risky?
In this episode of Wealth Is In The Details, Peter Raskin delves into the commonly overlooked risks associated with holding cash or cash equivalents like CDs and US Treasuries. He tackles the misconception that cash is the safest investment, breaking down the concepts of liquidity, inflation risk, and how different types of investments align with your financial goals. Listen in and uncover the importance of aligning your investment choices with both your long-term and short-term objectives, and why simply stashing your cash might not always be the best...
2024-07-1021 minWealth Is In The Details PodcastUnderstanding the Risks at the Top of Your Financial Planning Pyramid (Ep. 120)Are you ready to navigate the complexities of financial planning across different stages of your life?
Today on Wealth Is In The Details, Peter Raskin dives deep into the structure of the financial planning pyramid, an invaluable tool that illustrates the key phases of financial planning from establishing to distributing wealth. Understanding this pyramid is crucial for anyone looking to build a stable financial future. His discussion, inspired by David Pierce’s article in the Journal of Financial Service Professionals, sheds light on the unique financial planning challenges and risks at different life stages, offering insights into ho...
2024-06-2640 minWealth Is In The Details PodcastBuilding a Diversified Portfolio Through Alternative Investing with William Wolfe (Ep. 116)You’ve probably heard of alternative lifestyles and alternative facts, but are you familiar with alternative investments?
This week on Wealth is in The Details, Peter Raskin and William Wolfe from FS Investments talk about alternative investing to educate listeners about alternative investments and how they can complement traditional portfolios. William explains how the accessibility of alternative investments has improved, making them an option for more investors. Peter and Bill also emphasize the importance of professional advice, considering individual goals and risk tolerances, and understanding the costs and tax implications are emphasized.
Peter and William di...
2024-06-1234 minWealth Is In The Details PodcastHome Ownership vs. Renting: What’s the Best Choice for You? (Ep. 119)In today’s challenging housing market, is it better to rent or buy a home?
Today on Wealth Is In The Details, Peter Raskin delves into the complexities of the housing market, addressing the struggles faced by younger generations trying to attain homeownership amidst soaring prices and mortgage rates. Peter discusses the advantages and disadvantages of renting vs. buying and provides valuable insights into making informed decisions regarding housing choices.
Peter discusses:
The challenges faced by younger individuals in the current housing market
Factors contributing to the high housing costs and mortgage rates
Pros an...
2024-05-2240 minWealth Is In The Details PodcastDecoding Financial Jargon Part 2 (Ep. 118)Welcome back to part 2 of our two-part series where we break down financial jargon that many advisors use, for our listeners!
In this episode, Peter Raskin breaks down more complex financial terms to help you better understand investment terminology, while emphasizing the importance of diversification. He explains factor investing and the significance of macroeconomic and style factors in portfolio management. Peter also covers the implications of the yield curve and bond duration for investors.
Peter discusses:
Different kinds of stocks and bonds, and the importance of diversification
What factor investing is, and specific drivers...
2024-05-0827 minWealth Is In The Details PodcastDecoding Financial Jargon Part 1 (Ep. 117)Welcome to part one of a two-part series breaking down financial jargon!
Today on Wealth Is In The Details, Peter Raskin breaks down complex financial jargon to help listeners gain a deeper understanding of key investment concepts. Peter discusses key concepts including average returns, standard deviation, correlation, diversification, capital market assumptions, and market cap-weighted indices. He explains these terms in simple, relatable language, making it easier for listeners to grasp these fundamental financial concepts while emphasizing their importance in investment strategy. He advocates for clear communication between professionals and clients and stresses the need for a diversified...
2024-04-1729 minWealth Is In The Details PodcastWhy You Should Master Retirement Savings Strategies (Ep. 115)Ever feel overwhelmed by the maze of retirement planning?
You’re not alone.
Join Peter Raskin as he ventures into the world of Individual Retirement Accounts (IRAs). Born from the Employee Retirement Income Security Act of 1974, IRAs are now a cornerstone of savvy financial planning. Peter navigates through the complexities of IRAs, covering everything from income taxes and investments to life expectancy and estate planning.
Key Highlights:
Traditional IRAs: Understanding their unique functions, the importance of earned income for contributions, and the implications of tax-deferred earnings
RMDs: Gr...
2024-03-0624 minWealth Is In The Details PodcastBreaking Stigmas and Improving Mental Health with Ariana Mufson (Ep. 114)Many people trivialize mental health because they forget it can affect all areas of their lives, including their physical and financial well-being.
Others hesitate to seek help because of the associated stigmas.
Join Peter Raskin and guest Ariana Mufson, LICSW, CST, Psychotherapist, in their efforts to normalize, and even prioritize, mental well-being. Today’s episode explores some of the biggest stressors and how to tackle them using research-backed coping mechanisms and therapies.
Ariana discusses:
Why you should be proactive about your mental health
Healthy habits to tackle both internal and external stressors
Th...
2024-02-0729 minWealth Is In The Details PodcastNine Financial Resolutions: An Essential Checklist from a Financial Planner (Ep. 113)Are you always thinking about reviewing your finances but never seem to get it done?
Join us in taking nine New Year’s Resolutions that will help you evaluate and organize your current financial situation.
As a financial planner, Peter Raskin shares nine financial resolutions that he will be working on in 2024, along with his family. His thought-provoking questions will empower you to navigate your financial journey with clarity and confidence.
Peter discusses:
An Essential Checklist for 2024
The importance of regular reviews — even if you already have a financial plan in place
Cruc...
2024-01-1821 minWealth Is In The Details PodcastYear-End Reflections & Personal Stories From the Raskin Planning Group Team (Ep. 112)One of the goals of this podcast is to help listeners get to know our team better.
As days grow shorter and holiday lights fill the darkness, it’s the perfect time to hear from the Raskin Planning Group team and reflect on the past 12 months!
Join Peter Raskin as he interviews his colleagues Alex LaCroce, Kathryn Broy, and Tony Araujo about their 2023 highlights. Tune in and get to know our team beyond their professional lives, including their goals, values, and passions.
They discuss:
Alex’s artistic side and his love for Taek...
2024-01-0341 minWealth Is In The Details PodcastMastering Year-Round Tax Planning: Strategies for a Financially Savvy Year-End (Ep. 111)The clock is ticking, days are getting shorter and cooler, and it is hard to believe that Thanksgiving and Christmas are just around the corner. But from a financial perspective, we have less than two months to do tax planning, so what should you be thinking about?
In this episode, Peter Raskin discusses the importance of year-round tax planning. He highlights five key considerations: understanding one’s tax bracket, Roth conversions, charitable giving, gifting strategies, and realizing capital gains and losses. Peter emphasizes the benefits of Roth IRAs and the impact of charitable gifts on communities. He al...
2023-11-2930 minWealth Is In The Details PodcastThe Similarities Between Traveling and Financial Planning (Ep. 110)One of the most important aspects of achieving our financial goals is having a clear vision of what you want to accomplish. And just like a travel journey, without a clear goal, it is easy to get distracted, lose motivation, and make poor decisions.
However, setting a goal is not enough. You also need to have a plan that outlines the steps you need to take, the resources you need to use, and the challenges you need to overcome.
In this episode, Peter Raskin uses traveling as a metaphor for goal setting and financial planning. H...
2023-11-0128 minWealth Is In The Details PodcastThe Rise And Fall Of Inflation (Ep. 109)Feel like you’re always paying more?
In this insightful episode, Peter Raskin explains inflation, examining its recent rise and breaking down its impacts on society. He challenges the common belief that inflation affects everyone the same way, shedding light on its distinct impacts across various income levels.
In this episode, Peter dives into:
Strategies for using inflation insights in investment decisions
The role of the Federal Reserve in managing inflation through policy
Unique challenges faced by lower-income consumers due to inflation
The diminishing purchasing power and what it means for individuals
The relationship be...
2023-10-1830 minWealth Is In The Details PodcastHow to Save Taxes and Achieve Your Financial Objectives with James Spoto, CPA (Ep. 108)Your wealth is in the details – and we’re diving deep.
Join host Peter Raskin and James Spoto, Partner at Spoto CPA, for an eye-opening conversation that unpacks the A to Z of financial planning. Curious about the Tax Cuts and Jobs Act? Need help navigating home sale exclusions or itemized deductions? This episode has got you covered!
Peter and James discuss:
How the Tax Cuts and Jobs Act can be your friend
Unlock strategies to help maximize gains, especially after a loss
Learn why HSAs aren’t just for medical bills
Get professional tips on...
2023-10-0439 minWealth Is In The Details PodcastHow to Choose the Right Retirement Plan for Your Business (Ep. 107)Think a retirement plan is just another checkbox?
Think again.
In this episode, Peter Raskin gives us a deep dive into retirement plan options that fit businesses of all sizes. From 401(k) plans with profit-sharing to traditional 401(k)s and SIMPLE IRAs, Peter explains how flexibility and customization are key to achieving both business and employee objectives.
Throughout the episode, Peter covers:
The critical importance of aligning retirement plans with unique business objectives
How the rise of automatic features like enrollment and escalation are powerful tools to enhance employee participation
Why flexibility...
2023-09-2038 minWealth Is In The Details PodcastFrom Working Boots to Business Suits with Larry DiCara (Ep. 106)How has Boston’s transformation from a hub of blue-collar workers to a hotspot for white-collar specialists impacted its people, identity, and economic dynamics?
In this episode, Peter Raskin chats with Larry DiCara, a seasoned real estate lawyer and former Boston city councilor, about the profound shifts Boston has experienced over the years.
During their discussion, Larry shares:
Boston’s journey from a post-war blue-collar city to its present-day white-collar dominance
The noticeable demographic shifts, including reductions in household sizes and school-aged children
The change in primary employers from traditional big banks and insurance firm...
2023-09-0633 minWealth Is In The Details PodcastBoys Town: A History of Hope and Healing for Troubled Youth with Aric Johnson (Ep. 105)Family plays a pivotal role in shaping young lives, extending a guiding hand that leads troubled youth towards a brighter future. Not every child has access to a supportive family and unconditional love, but every child deserves it. Boys Town’s mission is to give troubled youth the opportunity to get the right kind of care, at the right time, in the right way.
In this episode, Peter Raskin dedicates a heartfelt send-off to his co-host, Aric Johnson, who will be returning with his wife to Boys Town. It marks Aric’s final episode, where we learn more...
2023-08-2339 minWealth Is In The Details PodcastHow The Opportunity Zone Legislation Can Help Maximize Tax Benefits with Nino Balduzzi (Ep. 104)How can the opportunity zone legislation help you maximize your tax benefits? Investors can defer capital gains with opportunity zones.
In this episode, Peter Raskin speaks with Nino Balduzzi of Griffin Capital about the Opportunity Zone legislation, an investment strategy that incentivizes real estate development in specific census tracks across the country by allowing investors to defer capital gains and potentially receive tax-free appreciation on investments. Nino explains that the legislation designates certain census tracks as Opportunity Zones, aimed at driving economic development in low-income communities. He discusses the benefits of the legislation, including deferral of capital...
2023-08-0930 minWealth Is In The Details PodcastA 7-Step Checklist for Your Journey Into Retirement (Ep. 103)Planning for retirement is a lot like planning for travel. You need a moldable checklist of decisions that need to be made from a big-picture perspective.
In this episode, Peter Raskin shares a 7-step checklist for retirees. He covers important aspects such as expenses, income sources, protection, taxes, portfolio risk, distribution flexibility, and legacy planning, and ties them together to show how interrelated they are.
Peter discusses:
Budgeting for your wants and needs during retirement
The different sources of income available during retirement
How to protect your finances in retirement and manage your investment...
2023-07-2632 minWealth Is In The Details PodcastExploring Your Potential In Real Estate Investing With Michael Price (Ep. 102)Are you looking for a way to invest your money and secure your financial future?
In this episode, financial planner Peter Raskin interviews commercial real estate investor Michael Price on the benefits of investing in real estate.
Michael aims to provide valuable insights into what it takes to succeed in the industry, such as knowing your market, building long-term relationships, and following your passion.
Peter & Michael discuss:
The most important soft & hard skills to have to stay competitive in the industry
How to tell if a property aligns with your personal goals an...
2023-07-1239 minWealth Is In The Details PodcastAnnuities 101 (Ep. 101)Let’s have a little refresher on what annuities are, and if you’ve never heard of them before, don’t worry! Peter breaks them down from the beginning.
In this episode, Peter Raskin takes us back to the classroom and covers some of the basics about annuities, starting with a recap of what an annuity is. He then dives into why someone should consider an annuity as part of their financial plan, what the different types of annuities are, what risks are involved with variable annuities, the pros and cons of annuities, what it costs to get on...
2023-06-2848 minWealth Is In The Details PodcastBuilding a Strong Foundation: Considerations in Supporting Your Independent Young Adult (Ep. 100)As parents, it’s crucial to have open conversations with our children about their future, especially when it comes to financial independence.
In this episode, Peter Raskin delves into the essential conversations parents should have with their children regarding their future. He explores legal considerations like access to important records to financial aspects such as health insurance coverage and budget adjustments and provides practical insights and steps to navigate this important phase of parenthood.
Peter discusses:
The significance of open communication with your child regarding their financial future and the different definitions of independence amon...
2023-06-1447 minWealth Is In The Details PodcastNavigating Market Uncertainty: How to Stay Calm and Invest Smart (Ep. 99)After multiple conversations, Peter has noticed that while his clients are not panicking and selling their stocks and bonds, they are holding onto their assets and feeling uneasy about the current state of the markets.
When everyone around you is talking about a potential recession, it is normal to feel anxious. However, it is important to have a solid plan in place to meet your short- and long-term financial needs.
In this episode, Peter Raskin shares his insights on investing amidst market volatility and how to structure your investments to meet cash flow requirements and...
2023-06-0128 minWealth Is In The Details PodcastThe Life and Legacy of Charlie Raskin (Ep. 98)“A father’s love is forever imprinted on his child’s heart.”
In this special episode, we delve into the life and legacy of Charlie Raskin, a man who lived a simple yet profound life. Peter Raskin shares his memories and insights into his father’s life, also known as Chuck and Papa.
Through Peter’s recollections, we discover the remarkable career path of Charlie Raskin, born in 1919 in Yonkers, New York, and raised in Mount Vernon. But more than his professional achievements, we learn about his unwavering dedication to his high school friends, with whom he main...
2023-05-0341 minWealth Is In The Details PodcastBonds are Back: A Comprehensive Guide on Bonds with Stan Sattler (Ep. 97)As an advisor, it’s important to be able to construct a portfolio that can perform well in different market environments.
In this episode, Stan Sattler, Director of Investment Solutions at Belle Haven Investments, delves into the risks and rewards associated with different types of bonds.
He also shares Belle Haven’s laddered portfolio strategy and provides practical advice on building a fixed-income portfolio that is not solely dependent on predictions of interest rate movements.
Stan discusses:
The different revenue streams backing bonds
The risks and rewards associated with different types of bonds...
2023-04-1347 minWealth Is In The Details Podcast401(k) 101: Getting To Know The Basics (Ep. 96)Enrolling in a 401(k) plan seems intimidating because the restrictions can be confusing, but it doesn’t have to be!
In this episode, Peter Raskin takes us back to the basics of retirement planning with 401(k) plans. He explains what a 401(k) plan is, gives 6 enticing reasons why everyone should participate in a 401(k) plan if their employer offers it, and shares his professional advice around what a 401(k) plan is best suited for.
Peter discusses:
What a 401(k) plan is
6 reasons why an employee should participate in a 401(k) plan if their company off...
2023-03-0836 minWealth Is In The Details PodcastThe Raskin Planning Group Team (Ep. 95)By now, we all know about Peter Raskin and the phenomenal guests we’ve had on the show so far, but who is on the rest of the team at Raskin Planning Group?
In this episode, Peter Raskin introduces several of his colleagues at the Raskin Planning Group. Alex LaCroce, Kathryn Broy, Nathanael Lukens, and Ellen Reynoldson tell the listeners about themselves and what they do.
Peter and his colleagues discuss:
What each of them do at Raskin Planning Group
Their thoughts on how 2022 went for them
What new experiences came to fruition in 2022
Wha...
2023-02-0844 minWealth Is In The Details PodcastAssessing Your Year-End Financial Goals (Ep.94)In this new year, you may be wondering what to set aside to reach your financial objectives. If this topic has been on your mind, now is the time to act.
In this episode, Peter Raskin walks you through a year-end assessment of financial goals and makes suggestions on how to improve for next year. Peter shares his financial checklist and breaks down what each task means, things to consider, and your goals.
Peter discusses:
The most important things to review for the year-end
Significant objectives vs. small objectives
Important ages and what to c...
2023-01-1837 minWealth Is In The Details PodcastVeterans Affairs Healthcare With David Hencke (Ep.93)We’re continuing to share vital services and resources for our veterans. Today, we’re spreading the word about Veterans Affairs Healthcare.
In this episode, Peter Raskin talks with David Hencke*, veteran and outreach coordinator at VA Boston, Department of Veterans Affairs about the healthcare that the VA provides veterans. David shares his time in service with us, and VA care resources for veterans.
David discusses:
How he moved into working with the VA after 30 years of service in the military
What Veterans Affairs Healthcare is and what type of care they provide veterans
Who...
2022-12-2838 minWealth Is In The Details PodcastVital Services Available For Our Veterans With Cathy Battles and Alyssa Hayes (Ep.92)Today, we’re celebrating our veterans who fought for our rights and freedoms with an episode dedicated to educating veterans and non-veterans about the services and resources available to support them.
In this episode, Peter Raskin speaks with Cathy Battles and Alyssa Hayes* of the U.S. Department of Veterans Affairs. They discuss services that are vital and necessary for those that have given just so much for our country, and share resources to assist veterans in getting the help they need.
Cathy and Alyssa discuss:
When and how a veteran can file a cl...
2022-12-1437 minWealth Is In The Details PodcastNavigating The Complexities of Healthcare With Dianne Savastano (Ep.91)Who knew Medicare had so many options! Do you know which plan you have?
In this episode, Peter Raskin talks with returning guest, Dianne Savastano, founder of Healthassist. She discusses the process of Medicare and the timing of Medicare’s open enrollment season. She also explains the changes you’re allowed to make to your plan.
Dianne discusses:
What Medicare is and how it works
How Medicare Advantage plans work
Income related adjustment to premiums
A Medicare supplement plan
What is the income-related monthly adjusted amount (IRMA)
And more
Resources:
Ep.17...
2022-11-2345 minWealth Is In The Details PodcastSolving Business Objectives With Mark Bronfman (Ep.90)As a business owner what are you trying to achieve? What are you trying to do for people?
In this episode, Peter Raskin talks with Mark Bronfman, private wealth advisor at Lincoln Financial Group. He shares his knowledge and expertise about how he has helped business owners solve objectives over the years.
Mark discusses:
Who are middle market business owners and what problems he is trying to solve
Two examples of business owner objectives that he has helped solve over the years
Three pillars of strategic incentives
The different cycles businesses go through and h...
2022-11-0940 minWealth Is In The Details PodcastHow Personal Biases Can Affect Your Financial Decisions (Ep.89)In today’s world, we are confronted with so many choices, it seems like every minute of the day. The key thing is to recognize that we all have certain tendencies and biases, which make us completely human.
In this episode, Peter Raskin discusses how you might not always make the most optimal decisions because of mental shortcuts. He also provides some examples he has seen that have led to less than optimal situations.
Peter discusses:
A definition of heuristic and how it affects your financial decision making
How our desire to pu...
2022-10-1944 minWealth Is In The Details Podcast5 Financial Areas To Consider When Year End Planning (Ep.88)The last quarter of the year is approaching, and you don’t want to be rushing around at the last minute trying to finish your year end planning.
In this episode, Peter Raskin covers five financial areas to consider when year end planning. He will provide some easy pickings of questions he asks his clients to get them thinking about planning for the rest of the year.
Peter discusses:
How to approach the last quarters planning
What you should be thinking about when it comes to your assets
Thinking of marginal tax br...
2022-10-0536 minWealth Is In The Details PodcastNavigating Long Term Care with Natasha Heimrath (Ep.87)Many people don’t like to discuss the need for long-term care for their loved ones. However, it is vital to have open communication with your family about your wants and needs before decisions need to be made.
In this episode of Wealth Is In The Details, Peter Raskin chats with Natasha Heimrath, executive director at Concord Park Senior Living*. She discusses the options of long term care available for seniors as they walk through life and what makes the community at Concord Park so unique.
Natasha discusses:
The forms of long-term care
Why lon...
2022-09-1442 minWealth Is In The Details PodcastYour Frequently Asked Questions Answered, Part 2 (Ep.86)Everyone has questions about finance, whether they want to know when to take Social Security or compare renting to buying.
In this episode, Peter Raskin continues answering questions he gets asked as a financial advisor, sharing his knowledge and experience on topics everyone wants to know.
Peter discusses:
Why clients should invest now
When to take out money from retirement funds and Social Security
The benefits of buying outright versus renting or leasing products
How to increase investment returns by waiting on paying off mortgages
And more
Resources:
Wealth Is...
2022-08-2430 minWealth Is In The Details PodcastBeing Good Stewards of Physical Health with Leslie JacksonThe past couple episodes have focused on stewardship of our faith, finances and the environment. What about our physical health?
Without good physical health, being good stewards of the above is a moot point.
In this episode, Peter Raskin talks with Leslie Jackson*, a registered dietitian nutritionist. She discusses the importance of people having a healthy relationship with food and their body. Along with how the diet industry operates like a hamster wheel.
Leslie discusses:
Her definition of good health
Why weight centered health is misleading
The biggest challenges in health and we...
2022-08-1043 minWealth Is In The Details PodcastA Conversation About Residential Solar Energy With George Wood (Ep.84)There is a profound awakening amongst many of us that we need to be stewards of our physical world and we need to protect our environment for the next generation.
In this episode, Peter Raskin talks with George Wood, renewable energy consultant at Oak Point Energy Associates, LLC. He discusses why you should consider adding a solar energy system to your home and the incentives to add it now rather than later.
George discusses:
The basics to look at when considering solar for your house
The financial and economic incentives to installing solar
Why y...
2022-07-2734 minWealth Is In The Details PodcastYour Frequently Asked Questions Answered, Part 1 (Ep.83)Time and time again, you might have thought about questions you want answered about your financial plan, changes to your portfolio and so much more.
In this episode, Peter Raskin answers some of the frequently asked questions he gets asked as a financial advisor.
Peter discusses:
If you should make changes to your portfolio given the changes in the market
How inflation affects your financial plan and why it’s important to regularly update your plan to reflect inflation
Whether or not bonds are a safe investment
How to decide what to do with mo...
2022-07-1329 minWealth Is In The Details PodcastChallenges Can Bring Tasteful Opportunities With Pete Minich (Ep.82)As a business owner, the pandemic might have caused a number of sleepless nights. But on the positive side, it has allowed you to critically think about how you are operating your business to serve your customers.
In this episode, Peter Raskin talks with Pete Minich*, owner of Fresh City Kitchen. Pete explains how the pandemic changed his business operations to meet the changing demand and needs of his clients. He also shares some of the lessons he has learned during his ownership career.
Pete discusses:
How COVID has impacted his business in the...
2022-06-2934 minWealth Is In The Details PodcastStewardship In The Church With Rev. Jolie Olivetti (Ep.81)What is stewardship and why is it important for our families and communities?
In this episode, Peter Raskin speaks with Rev. Jolie Olivetti from the Unitarian Church of Sharon. They discuss how stewardship is a core belief and value for many.
Jolie discusses:
What it means to be a steward of your community and your family
Her path to the ministry
How stewardship is an important principal at the Unitarian Church of Sharon and with other faith organizations
And more
Resources:
Wealth Is In The Details: 73. Stewardship Checklist Tasks That E...
2022-06-1536 minWealth Is In The Details PodcastInvestment Losses With Peter Raskin (Ep.80)April and May 2022 have been two months to forget for investors, with the market being as volatile as ever, and with losses as high as ever. The job of financial planners has become more challenging.
What is the best way for financial planners to coach their clients on how to best handle the market changes?
In this episode, Peter Raskin discusses the challenges taking place in the current market. He also provides tips and tricks on how to potentially stay ahead of the challenges.
Peter discusses:
His 5 core beliefs
4 questions that he re...
2022-06-0135 minWealth Is In The Details PodcastThe Good and Bad News of Realized Capital Gains (Ep. 79)Investors see capital gains as both good and bad news for their investment portfolio.
The good took place in 2021 when investors saw increased capital on their investments. The bad took place in the form of increased tax payments.
What is the best way for investors to maneuver between these two extremes?
In this episode, Peter Raskin discusses both the good and bad about realized capital gains. He also provides tips on how to maneuver around capital gains and taxes so more money stays in your pocket.
Peter discusses:
Why all stoc...
2022-04-2830 minWealth Is In The Details PodcastProtect Yourself Against Cyber Crime and Identity Theft (Ep. 78)The saying “prevention is better than the cure” is typically reserved when discussing physical health.
What if we said the same phrase can be applied to cyber crime and identity theft as well?
In this episode, Peter Raskin discusses steps that you can take to reduce your chances of identity theft or a cyber crime attack. Most hackers don’t want to work that hard, so it’s important to take protective measures to reduce your risk of a cyber attack or identity theft.
Peter discusses:
The three ways to reduce your risk onlin...
2022-04-1335 minWealth Is In The Details PodcastThe Gains and Losses of Direct Indexing with Matt Potter (Ep. 77)Direct indexing is an index investing strategy that involves directly purchasing the components of a mutual fund or an ETF at the appropriate weights.
You may be wondering why an investor would want to complete so many transactions for similar holdings to a one-and-done mutual fund purchase. But there are specific potential benefits to direct indexing that may be intriguing.
In this episode, Peter Raskin speaks with Matt Potter, chartered financial analyst & director of investment services at SEI Private Trust Company. Peter and Matt discuss best practices for how to navigate the stock market, specifically w...
2022-03-3039 minWealth Is In The Details PodcastLessons in Donations with Ken Nopar (Ep. 76)There is no shortage of charitable causes—and it’s impossible to give to every single one. It’s important to ask yourself some critical questions to help determine where you would like to allocate your funds: What is the cause? Who is the money going to? Why should I give my money away?
In this episode, Peter Raskin is joined by Ken Nopar, vice president & senior philanthropic advisor at the American Endowment Foundation*. Ken shares how he got into the field of philanthropy, along with how and why people choose to donate to various charitable causes.
...
2022-03-1644 minWealth Is In The Details PodcastTrust Funds and Trustees Lessons with Christopher Holtby (Ep. 75)How well do you understand the process of developing a trust or designating a trustee to your retirement accounts?
In this episode, Peter Raskin speaks with Christopher Holtby, co-founder of Wealth Advisors Trust Company*. Christopher shares what a trust fund is, what a trustee is and the different types of trust fund accounts. He also discusses the best practices in how to get the most out of your trust fund.
Christopher discusses:
The three different types of trustees
How to pick the correct person to be in charge of your trust fund
Why families est...
2022-03-0237 minWealth Is In The Details PodcastPersonal Investments With Personal Values with Jeff Wildermuth (Ep. 74)A company’s environmental and social impact is becoming increasingly important to investors.
In this episode, Jeff Wildermuth, a portfolio strategist at Aris investment, a division of AssetMark*, joins Peter Raskin. Jeff shares the wide world of ESG investing, revealing how individuals can invest based on personal values. He also discusses the increasing desire for sustainable and ethical companies and shares how advisors are increasing their use of ESG rating systems when advising clients.
Jeff discusses:
What ESG investing is
Why sustainable investing has become important to investors
How advisors are using ESG investing wit...
2022-02-1640 minWealth Is In The Details Podcast73. Stewardship Checklist Tasks That Everyone Should Be Reviewing AnnuallyYou don’t want your assets going to the wrong place or person, right?
That’s why reviewing your financial accounts annually is important.
In this episode, Peter Raskin reviews stewardship checklist tasks that you should be reviewing annually. Peter teaches you how you can ensure your assets go to the places you want them to through various beneficiary designation options, including transfer on death.
Peter discusses:
What happens to assets when we pass away
Why probates should be avoided
Beneficiary designation options
How transfer on death works in your favor
Reso...
2022-01-1230 minWealth Is In The Details Podcast72. ‘Tis The Season To Be GratefulThe holidays are filled with love, joy and gratitude. But those feelings shouldn’t only exist during the holidays—it’s important to be grateful year-round.
In this episode, Peter Raskin is joined by his team at Raskin Planning Group, Katherine, Alex, Brian and Connor. Each share what they are grateful for, both in their professional and personal lives. Peter discusses the importance of gratitude and how it can impact your daily life.
Peter discusses:
The importance of being grateful year-round
How gratitude can keep you focused on the present
What the team at Raskin...
2021-12-1530 minWealth Is In The Details Podcast71. Cash Is KingStoring money under your mattress may give you easy access to those funds, but it is also a far less secure saving strategy. Depositing your cash in the bank gives you access and security.
In this episode, Peter Raskin discusses the importance of liquidity and cash within your financial plan. He reveals how your cash is protected while in the bank and why you should maintain easily accessible assets in case of emergency. Peter shares options for saving your liquid assets, why you should consider avoiding risky investments despite their growth and the long term benefits of...
2021-12-0134 minWealth Is In The Details Podcast70. Descending The Mountain Of RetirementWhen creating your retirement plan, the income you set aside needs to last throughout your entire retirement. The most important step of your plan is protecting what you put aside.
In this episode, Peter Raskin discusses the importance of protecting your income during retirement. He reveals the importance of considering longevity, inflation and sequence of return risk when investing or retirement and how each impacts your retirement income.
Peter discusses:
What to consider when determining how long your retirement plan should last
The impact of inflation on your retirement income
The potential risk on y...
2021-11-1039 minWealth Is In The Details Podcast69. Get The 411 On The 1031 With Paulo AguilarLet’s face it—everyone loves a tax-deferred financial strategy, and the real estate business is no different. Enter: the 1031 tax exchange, which allows the owner of US real estate to defer the capital gains tax owed on the sale of the property.
In this episode, Peter Raskin is joined by Paulo Aguilar, vice president at Inland Securities Corporation, to discuss the 1031 tax exchange, and how real estate investors can utilize this tax-deferred strategy. Paulo reveals the origins of the 1031 and its use in modern real estate.
Paulo discusses:
What the 1031 exchange tax code is
H...
2021-10-2734 minWealth Is In The Details Podcast68. Five Reasons To Have A Long Term Contingency PlanDo you have a plan in place for long-term care in case you reach a point in life where you can no longer care for yourself?
In this episode, Peter Raskin discusses five reasons to include a long-term contingency plan in your overall retirement plan. Peter reveals the questions you should ask yourself and your loved ones about your wants and needs when selecting the best option for you and your family.
Peter discusses:
The importance of having the difficult discussions with loved ones when creating your retirement plan
The overall costs of long-term...
2021-10-0631 minWealth Is In The Details Podcast67. The First Step To The American DreamThe American dream can be easily imagined, with a loving partner, children and the perfect home. Have you considered including your child’s first step towards the American dream in your financial plan?
In this episode, Peter Raskin discusses the steps for children buying their first home and the role of the parents during this process. He shares personal anecdotes from both his children and his clients, and provides insight into various options for helping your children finance their first property.
Peter discusses:
The importance of having an open discussion with your children
Questions you...
2021-09-2228 minWealth Is In The Details Podcast66. The Conversation About Healthcare Advocacy with Dianne SavastanoThe healthcare system can be difficult to navigate—between the technical terms, the insurance and the after care for patients. Healthcare advocates offer support as they guide you down the path to making the best decisions for you.
In this episode, Peter Raskin is joined by Dianne Savastano, founder and principal of Healthassist. Dianne shares her personal experience as a healthcare advocate and as someone who has used the same tips she gives to others. Dianne provides examples of how healthcare advocates can be a benefit to anyone at any point in their life.
Dianne di...
2021-09-0834 minWealth Is In The Details Podcast65. Concierge Care 24/7 365 with Dr. Ned LegareHaving a financial planner on call provides peace of mind for your money. How can you provide that same peace of mind for your health?
In this episode, Peter Raskin is joined by Dr. Ned Legare, MD, FACP, to discuss his approach to wellness. Ned shares how the shift to concierge care benefits his patients, in terms of cost and time.
Peter and Ned discuss:
Why he shifted from internal medicine practice to concierge care doctor
The cost difference between concierge care and care providers
How the healthcare system evolved to include the concierge...
2021-08-2537 minWealth Is In The Details Podcast64. The Reliable Bonds Of Your Portfolio with Stan SattlerThe media always talks about how you should invest and why you should avoid high interest bonds. But what is the real truth about bonds?
In this episode, Peter Raskin is joined by Stan Sattler, vice president of Belle Haven Investments. Stan discusses what bonds are, how they work within your portfolio and the potential risks and rewards for investing in bonds.
Stan discusses:
The role of bonds within your portfolio
Why higher interest rates in your bonds can be beneficial
The importance of choosing the right type of bonds for your goals
And...
2021-08-1128 minWealth Is In The Details Podcast63. The Monte Carlo Of Financial PlanningCreating a financial plan for retirement requires answers to what the future will bring. While we can’t predict what’s to come with one hundred percent accuracy, we can create adjustments during life’s journey to make an educated gamble.
In this episode, Peter Raskin discusses different factors to consider when creating your financial plan. Peter discusses an analytical tool used at Raskin Planning Group called the Monte Carlo simulation and how it could benefit your financial planning today and updates to future plans.
Peter discusses:
What the Monte Carlo simulation is
How the Ra...
2021-07-2229 minWealth Is In The Details Podcast62. Your Financial Plan And Your Nonprofit Involvement Aren’t So Different with Charles GagnonYour financial plan is only as good as the different components it is made up of, similar to the way a nonprofit is only as good as the organizational structure.
In this episode, Peter Raskin is joined by Charles Gagnon, CEO of Volunteers of America Massachusetts. Charles leads the strategic vision and mission to build and benefit the community from the ground up, which he says is similar to building a holistic financial plan. Discover the importance of starting from the bottom to complete the plan you envision, for you and those you love.
Charles...
2021-07-1441 minWealth Is In The Details Podcast61. The Five Biggest Financial Planning Mistakes Made During the PandemicAs we begin to reopen, what have we learned about our financial plan during the pandemic? How will it mold our actions during the next crisis?
In this episode, Peter Raskin discusses the five biggest financial planning mistakes people made during the pandemic. He looks back at the lessons we all learned and how to be better prepared for this type of event in the future.
You will learn:
The five mistakes people made during the pandemic when it came to financial planning
How investments made out of emotion can create uncertainty
What factors y...
2021-06-3032 minWealth Is In The Details Podcast60. Planning Today For The Needs Of The Future – with Abe ShtulsaftGood financial planning takes into account all possibilities, even the possibilities that you don’t want to consider.
In this episode, Peter Raskin is joined by Abe Shtulsaft, director of planning at Lincoln Financial Advisors. Peter and Abe discuss special needs and disability planning and the potential planning struggles faced by families in these situations.
Abe discusses:
The definition of special needs and disabilities planning and why it’s important to plan
The necessity of including the entire family in the planning process
The financial challenges families with special needs individuals face
How children with...
2021-06-1640 minWealth Is In The Details PodcastEpisode 45 – Exit Strategies for Business OwnersChoosing to leave your business can be a difficult decision, but is one that must ultimately be made.
Today, Peter Raskin discusses exit strategies for small business owners. He dives into the financial and mental struggle that can come when choosing to leave, and reveals how planning for your exit early can both guide and improve your business.
In this episode, you will learn:
How exit planning can benefit your business
The importance of planning for uncertainty
Why you should prepare mentally and financially for your exit
How potential buyers evaluate the value of y...
2020-11-0431 minWealth Is In The Details PodcastEpisode 44 – Election Season: The Correlation Between Markets and Government PoliciesWith election season upon us, many Americans are anticipating what’s to come from the 2020 presidential election — and what the election and its resulting presidency could mean for the markets.
In this episode, join Peter Raskin as he debunks the common belief that markets are influenced by politicians and their policies. Peter breaks down ten reasons why there isn’t any correlation between markets and politics and shares what you should keep in mind when managing your investments through this election.
In this episode, you will learn:
Why neither party can claim superior economic market p...
2020-10-2628 minWealth Is In The Details PodcastEpisode 42 — Lives Well-Lived and Well-PlannedAs a financial planner, Peter Raskin has the privilege of accompanying families on their journey through life. He also has the pleasure of seeing first-hand how comprehensive financial planning can enhance a family’s life.
Today, Peter Raskin highlights how planning can lead to well-lived lives. He reveals why and how some people become millionaires without the flashy cars and large houses and recounts the story of one man who became a millionaire through smart financial decisions and consistent savings.
In this episode, you will learn:
The difference between an under accumulator and a pro...
2020-09-0926 minWealth Is In The Details PodcastEpisode 40 — The Intricacies and Simplicities of Wine — With Jason LeeSome say that there’s always time for a glass of wine. But with a wide variety of wines to choose from, how should you choose which to drink — and when?
Today, Peter Raskin joins Jason Lee, the owner and CEO of VINOvations, to explore Jason’s expertise and his wealth journey in the business of wine. Together, they discuss the intricacies of wine, where it comes from, and its different varieties.
In this episode, you’ll learn:
How wine is sold
Ways VINOvations tells the stories of wineries and vineyards
The importance of personal...
2020-08-1235 minWealth Is In The Details PodcastEpisode 39 – What to Know Before You Buy or Refinance Your HomeInterest rates are almost at the lowest they have ever been. Are you thinking about buying or refinancing a house?
Today, Peter Raskin speaks with David Fay, a mortgage loan officer with the Washington Trust Mortgage Company, about what to consider before choosing a mortgaging. David also provides clarity on options for loans and interest rates tailored to your financial goals.
In this episode, you will learn:
The pros and cons of different loans
The advantages and disadvantages of short- and long-term payback periods
Three ways to pay for the refinancing of your mortgage –– and...
2020-07-2937 minWealth Is In The Details PodcastEpisode 36 — Making No Decision is Still a DecisionDon’t wait for a big event to start the planning process. Begin your financial plan today and continue that plan for the rest of your life.
In this episode, Peter Raskin opens a conversation about the importance of making the decision to start your financial plan. He provides examples of how different decisions, or no decision, can impact your future.
In this episode, you will learn:
Why you should start your financial plan
Why your financial plan is never the finished product
The importance of making decisions
Why consistent communication is key
And mo...
2020-06-2428 minWealth Is In The Details PodcastEpisode 35: Financial Jargon ExplainedHow often are you talking with your financial advisor, only for them to mention a word you don’t understand? If you don’t understand certain terms, you might know why your portfolio is constructed in a particular way.
In this episode, Peter Raskin goes over a variety of financial terms that most people don’t understand. He explains several concepts that many advisors use and how they connect to your portfolio and the financial market.
In this episode you will learn:
Definitions and examples of words used within the financial industry
Concepts used when ex...
2020-06-1034 minWealth Is In The Details PodcastEpisode 33 – 5 Financial Actionable Items For COVID-19Everyone is nervous during this pandemic. But what should you focus on when trying to arrange your finances?
Today, Peter Raskin talks about the effect COVID-19 has on the financial market and individual portfolios alike. Peter also shares five action items you should look at when dealing with personal finances to help both you and your money.
In this episode, you will learn:
Five action items to think about during COVID-19
The effect the virus has had on the financial market
How your portfolio can change during this crisis
And more!
Listen in n...
2020-04-2933 minWealth Is In The Details PodcastEpisode 32 – Taking Care of Business: Small Business Retirement PlansLike most other people, small business owners have financial goals, objectives, assets, liabilities, and expenses. But they also have an extra asset: their business.
How can business owners plan for retirement when their business is in the mix?
In this episode, Peter Raskin shares what small business owners need to consider when building retirement plans. In this information-packed episode, Peter additionally explores the types of plans available to small business owners, along with how this type of planning can benefit their company as a whole.
In this episode you will learn:
What...
2020-04-2229 minWealth Is In The Details PodcastEpisode 3: It’s All About the Relationships – Part 2The initial analysis of a financial planning meeting is much like opening the hood of a car — you open it up to see what you’re working with, and you move forward from there.
In this second part of his planning process mini-series, Peter explains the team-based approach used by Raskin Planning Group — an approach where clients work with each and every team member thanks to their unique specializations.
In this episode, you’ll learn:
The inner workings of the Raskin Planning Group team
What a typical discovery meeting looks like
How the Raskin Planning...
2019-02-2027 minWealth Is In The Details PodcastEpisode 2: It’s All About the Relationships – Part 1Financial planning is about making the most of your money and assets. However, it’s also about the relationship between clients and advisors.
In part one of his two-part series on the Raskin Planning Group process, Peter Raskin explains his on-boarding procedures and the importance of building strong relationships with clients.
In this episode, you’ll learn:
The importance of a good match between a client and their advisor
The importance of goal setting
How Raskin Planning Group takes the most daunting tasks and works with clients to make them easy
Why it’s smart...
2019-02-0622 minWealth Is In The Details PodcastEpisode 1 – Meet Peter Raskin of Raskin Planning GroupPeter Raskin has served the Boston area as a financial advisor for over 30 years. He’s the lead financial planner at Raskin Planning Group, which he founded with the mission to help individuals and families with their comprehensive financial needs.
In this inaugural episode of the Wealth is in the Details podcast, get to know more about Peter, who he is, and why he’s passionate about what he does. Peter shares:
Why the Raskin Planning Group works with the most dedicated clients
Who makes up their team and what each of their specialties are
Why Pete...
2019-01-2225 min