Scott Dougan - Podcast Details

Shows

Your Retirement Elevated Podcast with Scott DouganAdulthood Happens at 18, Ready or Not with Estate Planner Connor Kelley💼 Want expert help in planning for your financial future? Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg Sending your child off to college is a proud and emotional milestone, but many parents miss one crucial step. Once your child turns 18, you're no longer automatically allowed to access their medical or financial information, even if you’re still paying the bills. That means in an emergency, you could be sidelined when they need you most. Today, Scott talks with Estate Planning Attorney Connor Kelley to discuss the essential legal documents every young adult should have bef...2025-07-2414 min

Your Retirement Elevated Podcast with Scott DouganDebunking Myths Surrounding the Big Beautiful Bill💼 Want expert help in planning for your financial future? Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg Have you heard the rumor that Social Security is now tax-free or that you’re getting a $40,000 deduction just for existing? Let’s clear up the myths and focus on what the new tax law actually did and what it didn’t. In this episode, Scott breaks down six of the biggest misconceptions swirling around the recently passed “Big Beautiful Bill.” Aimed especially at tax-aware retirees and pre-retirees, this conversation tackles what’s true, what’s exaggerated, and wha...2025-07-1712 min

Your Retirement Elevated Podcast with Scott DouganWhat The “One Big Beautiful Bill” Means For Your Retirement Plan💼 Want expert help in planning for your financial future? Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg The headlines are loud, but the real opportunities are quieter. In this episode, Scott breaks down what the newly passed “Big Beautiful Bill” (BBB) actually means for retirees, pre-retirees, and business owners. We’ll tell you how this sweeping tax legislation opens new planning windows through 2028, with major implications for Roth conversions, tax bracket optimization, charitable giving, and small business depreciation. We’ll also provide clarification on key changes to the standard deduction, which includes a new...2025-07-1034 min

Your Retirement Elevated Podcast with Scott DouganThe Five People You Meet Before Retirement💼 Want expert help in planning for your financial future? Apply for a consultation here 👉 https://calendly.com/erg-kc/introductory-phone-call-with-erg In the book The Five People You Meet in Heaven, each person the main character meets helps him understand his life in a new way. Today, Scott talks about the five people you should meet before retirement—people who can guide your next chapter and help you retire with clarity, confidence, and purpose. Think of it as casting the right crew for the most important chapter of your life, because who you surround yourself with could shape ho...2025-07-0322 min

Your Retirement Elevated Podcast with Scott Dougan11 Reasons People Choose Their Financial Advisor📋 Get Scott's 5 Critical Checkpoints in a Sound Financial Planning Process 👉 https://listentoscott.com/wp-content/uploads/2025/06/5-Critical-Checkpoints.pdf Choosing a financial advisor is one of the biggest decisions you’ll ever make, but why do people choose the advisor they do? In this episode, Scott walks through 11 of the most common reasons people hire an advisor, from gut-level trust to clear communication, behavioral coaching, and smart tax planning. This isn’t just a list, it’s a deeper look at what really matters when you’re picking someone to guide your life savings. Here’s what we cover in...2025-06-2626 min

Your Retirement Elevated Podcast with Scott DouganRetirement Breaking News: The 4% Rule Gets a MakeoverThe 4% rule gets talked about like gospel in retirement planning. But let’s be honest, it’s always been more of a rough guess than a golden rule. Now, its original creator is revising it to 4.7%. So, does that mean your retirement paycheck just got a raise, or is this just another headline that oversimplifies a complex decision? In this episode, Scott takes a closer look at what the 4.7% update really means. He walks through the origins of the rule, the risks of interpreting it as a green light to spend more, and why your real withdrawal rate...2025-06-1912 min

Your Retirement Elevated Podcast with Scott DouganShould You Gift Money While You’re Alive or Leave A Legacy?You’ve worked hard, saved well, and now you’re thinking about giving back—maybe to your kids, your grandkids, or a cause you care about. But should you wait and pass that wealth on later, or give while you’re still around to enjoy the impact? Let’s talk about how to make that decision with confidence. In this episode, Scott shares a thoughtful 4-step process to help you navigate one of the most meaningful decisions in retirement. Here’s what we cover in this episode: 🛫 Why planning to “put your oxygen mask on first” is...2025-06-1216 min

Your Retirement Elevated Podcast with Scott DouganEstate Planning Essentials: Should You Put Everything Into a Trust?A lot of people believe that everything should go into a trust once you’ve set it up, and while that sounds logical, the answer is actually no. Not everything belongs in your trust, and getting it wrong could lead to headaches, probate delays, or even tax trouble. So today, we’ve invited estate planning attorney Connor Kelley to break down the four big ones you want to be careful with: retirement accounts, vehicles, life insurance, and checking accounts. Here’s what we cover in this episode: 📜 Why IRAs and 401(k)s don’t belong in your tru...2025-06-0518 min

Your Retirement Elevated Podcast with Scott DouganYou Don’t Really Want a Financial PlanMost people walk into a financial advisor’s office asking for more income or a better plan. But what they’re really searching for is something deeper: peace of mind, clarity, and the ability to live life on their terms. In this episode, Scott challenges the conventional approach to planning and reveals the real reason people seek financial guidance in the first place. Here’s what we cover in this episode: 🗺️ Find clarity, not just paperwork ❤️ Your why > your wallet 🏡 Plan for your real life ⚠️ That uneasy feeling? It's trying to tell you som...2025-05-2912 min

Your Retirement Elevated Podcast with Scott DouganYour Emotions Might Matter More Than MathWhat if I told you the key to financial success isn’t how smart you are with numbers, but how well you understand your own emotions? One of the most talked-about money books out there, The Psychology of Money by Morgan Housel, might change the way you think about money, and we’re going to dive into the key concepts in this video. Here’s what we cover in this episode: 🧠 Understanding emotional drivers of money decisions 🎯 Why “enough” is a moving target and how to stop chasing it 🎯 Being reasonable beats being perfect...2025-05-2218 min

Your Retirement Elevated Podcast with Scott DouganThe 7 Real Risks to Your Retirement PlanWhen most people think about retirement risks, they picture a stock market crash. But the truth is, the biggest threats to your financial future are often the ones you never saw coming. In this episode, Scott unpacks seven real risks that can quietly derail even the most well-planned retirement. Spoiler alert: it’s not just about volatility. Here’s what we cover in this episode: 🔥 Inflation + interest rates = lifestyle erosion 💰 Tax traps that could silently drain your retirement 💡 How diversification helps, but doesn’t solve everything 💵 Liquidity matters more than ever during m...2025-05-1526 min

Your Retirement Elevated Podcast with Scott DouganIs 2025 a Bad Time to Retire? Here’s the TruthYou’ve had 2025 circled on your calendar for years, but now, with rising inflation, market volatility, and economic uncertainty, you’re asking the big question: Is 2025 still a good time to retire? In this episode, Scott breaks down what really matters when making the retirement leap and why the media headlines shouldn’t dictate your financial future. If you’re feeling pressure to postpone your plans, this conversation offers clarity, calm, and a better decision-making framework. Key Points We Cover: 🧘 Stay calm, retirement success starts with a clear assessment 📉 Understand your true risk tolerance and...2025-05-0817 min

Your Retirement Elevated Podcast with Scott DouganThe 3 Levels of Retirement ReadinessMost people think a full bank account means full retirement readiness, but it’s just the beginning. In this episode, Scott outlines the three essential keys you must consider before retirement. These points will help you determine whether you're set for a smooth, confident transition or if there are gaps you still need to address. Find out how to assess your readiness using our practical 1–10 scoring system to help you identify exactly where you stand. Here’s what we cover in this episode: 📊 Three critical levels of retirement readiness 🏖️ Why financial plans need lif...2025-05-0128 min

Your Retirement Elevated Podcast with Scott DouganParents: Stop Sacrificing Your Future For Your Adult KidsHalf of parents are still paying their grown kids' bills (almost $1,500/month, on average), and it’s putting their own retirement at risk. The ‘Bank of Mom and Dad’ is open for business… but for how much longer? In this episode, Scott breaks down the rising trend of parents financially supporting Gen Z and millennial children, even into their 30s and 40s, and the often-overlooked danger it poses to long-term financial security. Here’s what we cover in this episode: 💸 The emotional toll of helping too much 📉 Why some parents are delaying retirement 🚨 Red flag...2025-04-2418 min

Your Retirement Elevated Podcast with Scott DouganWhy IRAs Are a Terrible Inheritance – And What You Can Do About ItYou’ve spent years saving in your IRA, but what if we told you it could be the worst asset to leave to your kids? In this episode, Scott uncovers a critical issue with your retirement plan: inherited IRAs. Why does nationally recognized IRA expert, Ed Slott, call traditional IRAs “the worst asset to pass on to your kids?” We’ll break it all down for you and explain how you may be leaving a massive tax bill for your heirs. Here’s what we cover in this episode: 🔥 The IRA Time Bomb: Why Your Nest...2025-04-1711 min

Your Retirement Elevated Podcast with Scott DouganIs This Time Different? A Historical Look at Market Volatility & Actionable StepsThe headlines are loud, the markets are messy, and your gut might be telling you to do something, anything. But what should you actually do when your portfolio takes a hit like we’ve seen in recent days and weeks? If you’ve felt your stress levels rise, you’re not alone. Today we’ll try to help ease those emotions and the natural inclination to start making changes to your investment strategy. Here’s what we cover in this episode: 📉 What to do (and not do) when the market drops 🧠 Why emotion is the biggest threat to your portfolio 📊 Market history since 1970—w...2025-04-0833 min

Your Retirement Elevated Podcast with Scott DouganAre Traditional IRAs Really the Worst Asset to Own?Retirees have leveraged the traditional IRA for decades to invest and save, but is it still the best tool for today’s retirement landscape? IRA expert Ed Slott recently called the traditional IRA “the worst possible asset to own,” which is a bold statement. If this is true, when did it all change, and what are some better options? In this episode, we’ll explore the validity of this statement and have a real conversation about investing and taxes. Here’s what we cover in this episode: 📜 The SECURE Act killed the Stretch IRA for most b...2025-04-0315 min

Your Retirement Elevated Podcast with Scott Dougan5 Beliefs That Fool Retirement Savers The MostApril Fool’s Day is all about jokes and pranks, but when it comes to retirement planning, getting fooled can cost you real money. Today we’re going to unpack five common myths that trick retirees into making emotional or short-sighted decisions. Here’s some of what we cover: 🎭 Don’t get fooled by “guaranteed high returns” 🕒 Social Security timing is more than just fear of missing out 💰 Tax burdens in retirement can be higher—not lower 💡 Being frugal isn't a retirement strategy—it’s a mindset 🏥 Relying on your kids for care isn...2025-03-2723 min

Your Retirement Elevated Podcast with Scott DouganThe Risky Game of Picking Stock WinnersMarch Madness is here, and just like filling out a bracket, picking individual stocks feels exciting. But the odds of winning big are slim. Investors often chase stock picks the same way they bet on their favorite teams, but history shows most stocks underperform, just like most brackets get busted. In this video, Scott breaks down the risky game of stock picking and how it compares to the unpredictability of March Madness. Here’s what we cover in this episode: 🏀 March Madness & Investing – Why picking stocks is just like picking brackets 📉 Most Stock...2025-03-2020 min

Your Retirement Elevated Podcast with Scott DouganHow to Navigate a Market CorrectionnMuch like the weather, the stock market has its share of ups and downs. Those stormy days might feel unrelenting at times, but even in weeks filled with red, we can usually count on brighter days ahead. In this episode, Scott will provide some much-needed context for market corrections, explain how they differ from pullbacks and bear markets, and show you why staying calm is the best approach. Here’s what we cover in this episode: 📉 Pullback vs. Correction vs. Bear Market – What’s the difference? ⚠️ Why Market Corrections Happen – 💡 The biggest mistakes i...2025-03-1325 min

Your Retirement Elevated Podcast with Scott DouganWhat Your Advisor CANNOT Do For YouMany people enter into a relationship with their financial advisor with unrealistic expectations, often believing they can control the uncontrollable. The reality is an advisor can provide great value, but they can’t help you with everything. Today it’s part two of our series on things your advisor can and can't do for you, and we’re going to clarify some misconceptions and set proper expectations regarding what an advisor cannot do. Here’s what we cover in this episode: Here’s what we cover in this episode: 0:00 – Intro 2:23 – Guaranteed returns 2025-03-0626 min

Your Retirement Elevated Podcast with Scott DouganThings Your Financial Advisor CAN Do For YouIn the world of finance, the role of a financial advisor can often be misunderstood. Many individuals think that hiring a financial advisor is solely about investment management or picking stocks. However, the role of an advisor is multifaceted so understanding what they can and can't help you with will allow you to make more informed decisions. In this video, you’ll discover the five key things a financial advisor can do for you, from creating a personalized financial plan to helping you avoid emotional decision-making. Here’s what we cover in this episode: 0...2025-02-2728 min

Your Retirement Elevated Podcast with Scott DouganThe Perfect Holiday Flowchart: Are You Ready for Thanksgiving?If you have watched any of our podcasts and videos, or if you've ever engaged as a client with Scott Dougan and the Elevated Retirement Group team, you've probably come across a lot of flow charts. We're going to poke a little bit of fun at Scott today as he has prepared us a beautiful flow chart. It’s not the typical chart about finances but about Thanksgiving instead. Check out the flowchart here: https://listentoscott.com/wp-content/uploads/2024/11/Thanksgiving-Flow-Chart.pdf Here’s what we cover in this episode: 0:00 – Intro 2:12 – Start of the flowchart 4:51 – Turkey prep 7:44 – Stretchy pants 9:10 – TV 10:40 – Cranberry sauce 1...2024-11-2623 min

Your Retirement Elevated Podcast with Scott Dougan7 Key Areas to Focus on for a Fulfilling RetirementWhen you talk about retirement timing and how to remain retired, people often overlook at least one of seven key areas. The majority of them have nothing to do with money but they’re just as important as your savings account. We sent out this article in a newsletter to clients recently and got a good response, so today we want to elaborate on these seven factors that will help you lead a fulfilling retirement. Here’s what we cover in this episode: 0:00 – Intro 1:30 – The dollars and cents 3:12 – Staying active...2024-11-0722 min

Your Retirement Elevated Podcast with Scott DouganAre you prepared for UNCERTAINTY?The primary value of a financial advisor isn't just picking the right portfolio, making sure you're minimizing taxes or establishing a paycheck that you're not going to outlive in retirement. It's about preparing clients for the truth. Can you handle the truth? Today we’re going to talk about the uncertainty in life and retirement and how a financial advisor helps provide the certainty you need with your money. Here’s what we cover in this episode: 0:00 – Intro 2:27 – Five key areas of planning 5:37 – Planning for uncertainty 9:15 – Different scenarios Want to connect with us? https://listentoscott.com/ ...2024-10-3116 min

Your Retirement Elevated Podcast with Scott DouganHow Much Money Do You Need to Be Rich?The perception of what it takes to be wealthy sometimes matches reality, but often it doesn’t. Americans have opinions on what qualifies as being rich, and a recent survey tells us that we don’t always agree on what it takes to live comfortably. Today we’re going to explore this disparity and discuss why comprehensive planning provides the clarity and direction you need to instill confidence in your financial future. Here’s what we cover in this episode: 0:00 – Intro 2:00 – Study findings 6:30 – How many feel wealthy 9:39 – Wealth by genera...2024-10-2428 min

Your Retirement Elevated Podcast with Scott DouganSocial Security Changes: How Raising the Retirement Age Could Impact YouSocial Security is the backbone of retirement for millions of Americans, but big changes may be coming. On this episode, we dive into the recently released proposal to raise the full retirement age to 69 and what it means for your benefits, your future, and your financial security. Here’s what we cover in this episode: 0:00 – Intro 4:02 – Increase in full retirement age 8:11 – Penalty for taking Social Security early could increase 11:32 – Would an increase in full retirement age save Social Security? Want to connect with us? ...2024-10-1717 min

Your Retirement Elevated Podcast with Scott DouganBeware of the Pig Butchering Financial ScamHave you heard of Pig Butchering? It’s not what you think. It’s a cunning new scam that’s draining retirement accounts and leaving victims penniless. Today, we’re uncovering how scammers are using relationships built on various phone apps to lure people in. Here’s what we cover in this episode: 0:00 – Intro 3:02 – What is “pig butchering?” 6:09 – The scale of these scams 11:10 – How can we identify scams? 15:13 – Steps you can take to avoid scams Want to connect with us? https://listentoscott.com...2024-10-1020 min

Your Retirement Elevated Podcast with Scott DouganScott Helps Produce ‘The Psychology of Retirement’ MovieWe’ve spent years helping educate clients on financial planning and we’re excited about stepping out of our comfort zone and into a new medium: filmmaking. Scott is a contributing producer for the new movie, The Psychology of Retirement, which recently premiered in Colorado. Discover the behind-the-scenes stories of creating this impactful movie, the importance of a comprehensive retirement plan, and the challenges retirees face today. Scott shares his experiences from the red carpet premiere to private showings and explains why having a written retirement plan is essential for a secure future. We’re inviti...2024-10-0321 min

Your Retirement Elevated Podcast with Scott DouganMise en Place & Retirement Planning: Setting The Stage For Your Next ChapterScott has always had a passion for cooking, and he recently completed a 9-week cooking course in Kansas City. In this episode, we explore the valuable lessons from the culinary world that can be applied to financial and retirement planning. One of the key concepts Scott learned is "Mise en Place," which emphasizes the importance of organizing and preparing all ingredients before you start cooking. This principle can similarly guide us in the financial realm, as we prepare and arrange our resources to enjoy a fulfilling retirement. Here’s what we cover in this...2024-09-2643 min

Your Retirement Elevated Podcast with Scott DouganHUGE Medicare Plan Changes are ComingToday’s a special episode discussing Medicare plans because it’s really important that you review your medical plans as soon as possible. Big changes are coming to the industry and you don't want to be caught off guard. That’s why we’ve invited Cortney Dale, CEO of Sunflower Insurance Solutions to point out the areas you have to pay attention to and highlight where you might need to make changes to your plan. Here’s what we cover in this episode: 0:00 – Intro 3:19 – Impact of the Inflation Reduction Act 5:49 – What’s changing with Medicare? 12:04 – Benefits of hav...2024-09-1925 min

Your Retirement Elevated Podcast with Scott DouganWhy Retirement is a Team Sport for CouplesAre you and your spouse on the same page when it comes to what retirement is going to look like? If not, it’s time to talk. In this show, we'll explore why it’s so important for couples to have detailed conversations about their finances and retirement futures. Scott shares insights on how to navigate disagreements, the common issues couples face, and practical steps to ensure both partners are aligned. Here’s what we cover in this episode: 0:00 – Intro 2:28 – Why you should work together 6:20 – Handling disagreements 9:40 – Healthcare cost...2024-09-1215 min

Your Retirement Elevated Podcast with Scott DouganRetirees In Their 70s Regret These 5 ThingsA random, retired YouTuber did a simple video exploring the top 5 regrets from other retirees he interviewed (all in their 70s). It blew up to almost half a million views (and counting). That clearly struck a chord with people that wanted to learn more about regrets in the retirement landscape. Here’s what we cover in this episode: 0:00 – Intro 4:47 – They wish they had retired earlier 10:23 – They wish they had spent more when they first retired 16:02 – They wish they took better care of their health 18:33 – They wish they had taken up a hobby 22:10 – The...2024-09-0627 min

Your Retirement Elevated Podcast with Scott DouganWhich of the 4 Annuity Types Should You Choose?When it comes to planning for retirement, annuities often come up as a topic of discussion. But what exactly are annuities, and how do they fit into your financial plan? Today we’re going to break down the four different types of annuities and explain their pros and cons to help you make the best decision on which one fits you the best. Here’s what we cover in this episode: 0:00 – Intro 0:55 – Why the growth in annuities? 6:39 – Removing bias 9:39 – Immediate Annuity 12:40 – Fixed Annuity 18:15 – Fixed Index Annui...2024-08-2935 min

Your Retirement Elevated Podcast with Scott DouganSocial Security COLA Increase Estimate Announced for 2025People always want to know whether they’ll get a Social Security increase and if so, how much will it be in 2025? New government data shows that inflation is starting to subside, and that seems like it will have an impact on next year’s Social Security cost-of-living, or COLA, adjustment. Even though many retirees are still struggling with higher costs, the 2025 increase estimate shows the lowest adjustment in four years. Here’s what we cover in this episode: 0:00 – Intro 1:12 – Scott’s reaction to the news 2:28 – Histo...2024-08-2218 min

Your Retirement Elevated Podcast with Scott Dougan4 Ways You Could Pay More Taxes Than PlannedSo you think you've got it all figured out and you’re not going to give Uncle Sam a single dime more than you absolutely have to. Well, not so fast, my friend. On today's episode, we're going to give you four ways that you could pay more taxes than you had originally planned. A couple of these might surprise you. Here’s what we cover in this episode: 0:00 – Intro 1:24 – Moving into a higher tax bracket 7:09 – Rates for tax bracket go up 8:33 – Fewer tax deductions 9:48 – New taxes Get the free guide: Could Higher Taxes Derail Your Retirement Approach? - https://listentoscott.com...2024-08-1515 min

Your Retirement Elevated Podcast with Scott DouganThe Retirement Equation: Controlling What We Can ControlWhen it comes to planning for retirement, one of the most critical aspects to understand is control. Knowing what is within your control, what you have some control over, and what is entirely out of your control can make a significant difference in how you approach planning. Today we’re going to focus on the behavioral side of planning and discuss why control is an important part of the retirement equation. This equation breaks things down into three main categories: things that we have total control over, things we have no control over, and things tha...2024-08-0815 min

Your Retirement Elevated Podcast with Scott DouganTime to Take the Retirement Checklist ChallengeRetirement planning can be overwhelming, but it doesn't have to be. Working through a checklist can ease your worries and give you confidence, but what should you have on that retirement checklist? Today Scott is going to share his Checklist Challenge, a comprehensive guide to ensure you're fully prepared for retirement. Find out which 34 essential items made the list. Are you ready to take the Checklist Challenge? Download the checklist and follow along as you listen to the episode. See where you stand and identify areas for improvement. If you find gaps in your plan, don't hesitate t...2024-08-0116 min

Your Retirement Elevated Podcast with Scott Dougan5 Critical Questions To Ask Your Financial AdvisorWhether you're just starting out with a financial advisor or considering a change, it’s important to have some key questions in mind to help determine whether a particular advisor is a good fit for you and your finances. Today we’re going to give you five critical questions you need to ask to ensure you're getting the best advice possible. Here’s what we cover in this episode: 0:00 – Intro 1:41 – Reviewing your financial situation 3:55 – Proactively managing tax returns 6:28 – Future income planning 10:50 – Risk tolerance 14:32 – Estate planning Want to connect with us? https://listentoscott.com...2024-07-2518 min

Your Retirement Elevated Podcast with Scott DouganProtect Your Information: Our Cybersecurity Event with Ryan FickelIn today’s digital age, cybersecurity has become a critical concern for everyone, especially those planning for retirement. In this special edition of Your Retirement Elevated we’re sharing a video replay of our recent cybersecurity event with expert Ryan Fickel. Ryan is the Chief Technology Officer and Chief Information Security Officer at Advisors Excel and will be working closely with our team moving forward. This presentation covers a wide range of cybersecurity threats, from phishing attacks to ransomware and the growing dangers posed by AI. Don’t miss this helpful advice on how to stay vigilant agains...2024-07-181h 08

Your Retirement Elevated Podcast with Scott DouganDon’t Let the IRS End Up With Your Retirement MoneyThe truth about retirement planning is that many people need a reality check when it comes to taxes and the impact they will have on their retirement money. Today we’re going to turn our attention to tax planning and how to keep most of your money from going to the IRS instead of the things you want to spend it on in retirement. Here’s what we cover in this episode: 0:00 – Intro 2:40 – Taking money out prior to 59.5 3:58 – Enhanced creditor protection 7:35 – 3 ways to move your money 11:22 – Wha...2024-07-1115 min

Your Retirement Elevated Podcast with Scott DouganMastering The 5 Key Areas of Your Financial LifeWhat does a complete financial plan really look like? You’ve spent decades working hard, saving diligently, and now the golden years are on the horizon. But have you covered all of your bases? Listen in as Scott walks us through the 5 key areas of a complete financial plan in today’s episode- income planning, investment planning, tax planning, healthcare planning, and legacy/estate planning. Here’s what we cover in this episode: 0:00 – Intro 0:33 – Overview of the 5 key areas 6:20 – Income planning 9:00 – Investment planning 11:52 – Tax planning 16:48 – Hea...2024-07-0225 min

Your Retirement Elevated Podcast with Scott DouganAm I At Risk of Having My Identity Stolen or Being A Victim of Fraud?Today we’re going to cut through some of the fear by identifying the most common financial scams so you know what to be on the lookout for. We’ll also give you some tangible actions to take today to help safeguard your accounts. Are you at risk of having your identity stolen or becoming of fraud? We’ll break it all down with Scott in this video. Here’s what we cover in this episode: 0:00 – Intro 1:44 – Big interest in this topic 5:52 – Cyber threats 12:46 – Social media 14:3...2024-06-2722 min

Your Retirement Elevated Podcast with Scott Dougan7 Habits for Living an Exceptional RetirementMost people think retirement planning is all about the numbers. Will the assets I have accumulated – 401k/IRA, Social Security, real estate, pension, etc. – provide enough income in retirement to fund my lifestyle? Once you reach retirement, you’ll quickly realize there’s much more to preparing for the next chapter of life. Today we’re going to share seven habits that studies show can improve your satisfaction in retirement. Here’s what we cover in this episode: 0:00 – Intro 4:55 – #1: Work at staying healthy 8:07 – #2: Strong social connections 9:18 – #3: Sense of purpose 10...2024-06-2026 min

Your Retirement Elevated Podcast with Scott DouganThe 3 Stages of RetirementRetirement is a journey, and like any journey, it has its phases. Understanding these phases is crucial to ensure that you can enjoy your golden years without financial stress. In this episode, we’ll take you through the the essential stages of retirement planning: the go-go, slow-go, and no-go years. Understanding these three stages will help you effectively manage your finances as you determine how much income you’re going to need along the way. This often overlooked dynamic of retirement planning will help ensure a comfortable and secure retirement so let’s take a closer look at eac...2024-06-1321 min

Your Retirement Elevated Podcast with Scott DouganCelebrating the Launch of our Brand New BookThe long process of writing a book has finally wrapped up for Scott and we’re excited to be rolling it out very soon. In anticipation of the launch of Exceptional Retirement: Tools and Strategies for Retiring On Your Own Terms, we wanted to share some background on the book, the chapters that we think you’ll like most, and the personal stories that influenced our approach. Our approach is all about personalizing your retirement, which is why we emphasize that every individual has unique needs, desires, and challenges when it comes to retirement. The book addresses the...2024-05-2326 min

Your Retirement Elevated Podcast with Scott DouganRetirement Questions That Every Generation Should Be AskingEach generation is currently navigating a unique part of the retirement planning experience. With many baby boomers preparing for the transition into retirement and the early half of Generation Z taking their initial steps into the career field, these major life events come with a handful of financial planning questions. In today’s episode, we’ll share insights into the unique concerns that echo across different age groups. These are the retirement questions that every generation is asking. Here’s some of what we’ll tackle in this episode: Baby Boomers (1946-1964) are at or...2024-05-0231 min

Your Retirement Elevated Podcast with Scott DouganEmbracing the Unexpected: 9 Retirement Surprises UnveiledAre you prepared for the unexpected turns your retirement might take? In this episode of Your Retirement Elevated Podcast with Scott Dougan, we explore the surprising findings from a study by the Transamerica Center for Retirement Studies. The study reveals a stark contrast between pre-retiree expectations and retiree realities, and we're here to explore the nine most common retirement surprises that await. One of the most comforting surprises is that many retirees worry less about money than they anticipated. It seems that once the retirement plan kicks into action, the stress over finances begins to wane. This...2024-04-1825 min

Your Retirement Elevated Podcast with Scott DouganConquer FOBO: Making Decisions with ConfidenceEver found yourself endlessly scrolling through options, unable to make a choice? You might be falling into the trap of FOBO: Fear of Better Options. It’s a psychological phenomenon where someone avoids making a decision out of the fear that there may be a better option out there. How can we identify it and work with it and make better decisions and actually get to the decision point? That’s what we want to discuss with Scott today. Here are some of the questions we’ll tackle in this episode: What is FOBO and how long has this behavior been around? People can be divided into two groups when it c...2024-04-0421 min

Your Retirement Elevated Podcast with Scott DouganThe Shift from Saving to Spending MoneyAre you ready to flip the switch from saving to spending as you approach retirement? Many people struggle with the transition and mindset shift that happens in retirement. In this episode, we’ll explore the delicate balance between money, happiness, and the art of spending wisely in your golden years. It's packed with insights on the psychological shift required to enjoy the fruits of your labor, the impact of past experiences on spending habits, and how to use money as a tool for a better life rather than a measure of status Here are some of...2024-03-2122 min

Your Retirement Elevated Podcast with Scott DouganPractical Strategies for Protecting Retirees Against Scams & FraudOn today's episode, we're going talk about scams and how they are more prevalent than you might think. In fact, just in 2022, there were more than 88,000 complaints of fraud that resulted in more than $3 billion in losses from people age 60+. Here are some of the questions we’ll tackle in this episode: Why are people aged 60 and over common targets? The top five scams that constitute 65% of the complaints. The ‘Can You Hear Me’ scam that is easy to fall for. What steps can you take to protect yourself and increase your cybersecurity? Ad...2024-03-0727 min

Your Retirement Elevated Podcast with Scott DouganWith Higher Interest Rates, Is “Lazy Money” Still A Concern In 2024?Is 'Lazy Money' still a concern in 2024's higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments. Here's what we discuss in this episode: What are we talking about when we say, “lazy money?” The current interest rate landscape + why people end up with too much lazy money in their portfolio Addressing excess lazy money by calculating a "war chest,” understanding your income plan, and fine-tuning investments Achieving a “Goldilocks” allocation of assets that is jus...2024-02-2213 min

Your Retirement Elevated Podcast with Scott DouganPeak 65: Preparing for the Largest Retirement Surge EverToday's magic number is 65. You know, unlike older retired Baby Boomers, the majority of peak 65ers don't have pensions, which used to help fill that gap left by Social Security. Well, our current retirement system is obsolete. It's time for a new retirement security framework. These were the words of Jason Fitchner, an executive director at the ALI Retirement Income Institute, and it highlights a great conversation that we're going to dive into today. Here are some of the questions we’ll tackle in this episode: One of the concerning trends emerging right now is...2024-02-0125 min

Your Retirement Elevated Podcast with Scott DouganBiggest Changes for Retirement in 2024With inflation adjustments and the phased implementation of the SECURE Act 2.0, there are some important retirement planning changes to pay attention to this year. From potential tax implications on Social Security benefits to alterations in retirement account rules, higher Medicare expenses, increased IRA contribution limits, and shifts in required minimum distributions (RMDs), this episode offers a comprehensive overview of what lies ahead for retirees in 2024. Here’s some of what we discuss in this episode: An increasing number of beneficiaries are expected to be liable for federal income taxes due to the 8.7% increase in the...2024-01-1820 min

Your Retirement Elevated Podcast with Scott DouganFocus on Systems Instead of Resolutions in 2024Happy New Year! Today we’re tossing the old hat of resolutions out the window, opting for something with a little more staying power: systems. Say goodbye to the fleeting motivation of New Year's resolutions and embrace the profound impact of incremental habits for long-term success in health, wealth, and personal growth. This episode draws on the life-changing principles of Atomic Habits by James Clear and is filled with personal anecdotes, actionable advice, and a practical guide to cultivating a lifestyle of consistent progress. Here are some of the questions we’ll tackle in this episo...2024-01-0432 min

Your Retirement Elevated Podcast with Scott DouganThe 5 Types of Wealth & Why People Chase Only One at the Cost of OthersWhat would you pay to have the freedom to do what you want, when you want, how you want? On today's episode, we're going to talk about the five types of wealth and why people chase only one at the cost of the others. Here are some of the questions we’ll tackle in this episode: Why being a time billionaire might be better than being a dollar billionaire. The importance of protecting your time and what Scott has done to protect his. Physical health and mental wealth go hand in hand. Relationship wealth hel...2023-12-2146 min

Your Retirement Elevated Podcast with Scott DouganThe Ultimate Retirement Planning MixtapeGet ready to rock to the rhythms of retirement wisdom in this week’s episode! We've put together the ultimate retirement planning playlist, featuring timeless lyrics that reflect various stages of the planning journey. Here’s how we’ll craft the perfect mixtape in this episode: Songs for the early stages of retirement planning, where having a dream is a good place to start. In retirement planning, having a financial professional and your loved ones by your side is crucial. Songs to remind you that, in retirement planning, consistency and patience are key. Songs that pro...2023-12-0726 min

Your Retirement Elevated Podcast with Scott DouganHow To Successfully Climb The Retirement MountainReady for an adventure? Think of retirement planning as climbing a mountain. It's not just about the climb up; it's about preparing wisely, tackling the ups and downs, and even planning your way back down. Here’s some of what we’ll discuss in this episode: How to prepare for the climb with careful planning. The climb represents the accumulation phase where you’re actively saving and investing. The goals and milestones that you strive for before reaching the peak. Preparing for the volatility that comes with the climb. The descent or distribution phase require...2023-11-1618 min

Your Retirement Elevated Podcast with Scott DouganLatest Updates to Medicare with Cortney DaleWe’re bringing you a special edition of the podcast today as we welcome Cortney Dale, CEO of Sunflower Insurance Solutions, to lead us through the latest updates on Medicare! She’ll discuss what's crucial for you to know as we approach 2024 and answer common questions that will help you make informed decisions about your Medicare elections in the months and years ahead. Listen in as she breaks down its four parts (A,B,C,D) and how they work together, coverage, enrollment periods, and more! Here’s some of what we discuss in this episode...2023-11-0324 min

Your Retirement Elevated Podcast with Scott DouganMoney Mistakes You’ll Regret and How to Avoid ThemDo you ever wish you could foresee financial missteps before they happen? On today’s episode, we’re going to explore some real-life stories of regret and arm you with the do’s and don’ts to ensure that your money is working for you and not against you. Here’s some of what we’ll discuss in this episode: What it could cost you to pull money out of your IRAs early. People often fall into the trap of ‘lifestyle creep’ and will increase expenses as they make more money. What options do you have to cover...2023-10-1920 min

Your Retirement Elevated Podcast with Scott DouganRetirement Planning’s “Hidden” QuestionsIn this episode, we’re going to unearth and tackle some of these hidden but essential questions about retirement. We all want to get good answers to our financial questions, but sometimes we have to know the right questions to ask. Here are some of the questions we’ll tackle in this episode: How much are my tax-deferred savings going to cost me in taxes come retirement? How much can I withdraw from my savings each year? Should I still have life insurance when I’m retired? What kind of medical coverage will I need ov...2023-10-0525 min

Your Retirement Elevated Podcast with Scott DouganBuilding An Estate Plan With No RegretsThere are some people who don’t care at all about leaving a financial legacy, but for those who do, it’s important to eliminate some of the common estate planning mistakes. In this episode, we cover topics ranging from poor expense planning to outdated beneficiary designations and family conflict triggers. We also shed light on some misconceptions about transferring real estate and explain the impact of tax implications on your estate. If you want to leave a legacy without regret or legal turmoil, this episode is a great starting point. Here's some of what we d...2023-09-2129 min

Your Retirement Elevated Podcast with Scott DouganRetirement: Ready Or Not, Here It ComesAre you nearing “retirement age?” If so, let’s explore that pivotal question you’ll soon face: Should you retire or continue working? We’ll unravel the intricacies of this decision, addressing both financial and emotional aspects, and help you find out if you’re truly ready to retire. Here's some of what we discuss in this episode: The concept of retirement has evolved significantly over time, from a time when people worked until the end of their short lifespans to the modern idea of retirement with longer life expectancies. The three categories of people lookin...2023-09-0727 min

Your Retirement Elevated Podcast with Scott DouganThe 2023 Halftime Report with Mike SorrentinoToday we have a special edition of the show where Scott recently hosted a webinar for his clients and had Mike Sorrentino on to discuss some financial topics that are top of mind for many people right now. This conversation comes in the wake of the midpoint of 2023, sort of a mid-year or halftime report, if you will, and the topics that you're going to hear from this webinar include the housing market, inflation, stock market, and a few predictions for the rest of the year. Here's some of what we discuss in t...2023-08-1739 min

Your Retirement Elevated Podcast with Scott Dougan5 Key Areas of Your Financial LifeOur whole practice revolves around helping people develop ways to make sure they have everything in order when it comes to these five areas of financial planning. Today we’re going to dive into these and provide a little more detail so that you’ll have a better understanding of what types of conversations we’re having with clients. We’ve also put together this PDF for you that gives you a nice breakdown of all five: https://listentoscott.com/wp-content/uploads/2023/08/5-Key-Areas-PDF-for-Website.pdf Here's some of what we discuss in this episo...2023-08-0328 min

Your Retirement Elevated Podcast with Scott DouganMastering Retirement Cash Flow: Understanding Changing ExpensesIn this episode, we’ll explore many of the expenses in your life that might drastically change (one way or another) in retirement. We’ll break those expenses down further to see which ones are the top priorities and analyze some of the other factors that impact your cash flow in retirement. Here's some of what we discuss in this episode: Breaking retirement down into three phases to better understand spending. (4:49) What are the expenses that change the most in retirement? (8:27) The essential expenses vs discretionary and how to account for those. (14:10) Taxes are often...2023-07-2024 min

Your Retirement Elevated Podcast with Scott DouganRetirement Rebels: Winning Your Financial IndependenceCelebrate the spirit of July 4th with our latest episode as we tackle the concept of Financial Independence. While the American colonists fought for freedom from British rule, we’re here to discuss what you’re striving to be independent from in your retirement. We’ll unveil the common foes you’ll face on the journey. And good news, no muskets are required for these battles. Here's some of what we discuss in this episode: How to get independence from the government. (4:09) How to optimize your Social Security benefit. (6:30) How to get independence from your fami...2023-07-0622 min

Your Retirement Elevated Podcast with Scott DouganCrash Course: The Psychology of Investing in the Wake of Historic Market CrashesHave you ever wondered why you handle money the way you do? It turns out your financial behaviors can be traced back to your formative memories. In this episode, we explore how historic market crashes have left a lasting impact on our relationship with money. We’ll also contrast them with the way more recent crises have shaped our financial views and decisions in the short term. Here's some of what we discuss in this episode: Remembering soaring interest rates in the late 70s, early 80s, and right now. (6:55) Remembering Black Monday in 1987. (9:20) Remembering the...2023-06-1521 min

Your Retirement Elevated Podcast with Scott DouganA Comprehensive Dismantling Of 2023’s Top Social Security MythsIn this episode, we'll be debunking common myths about Social Security and answering the questions you've been curious about. No matter what questions you have about Social Security, we are here to help guide you through this important step in your financial future. Today’s show should give you a pretty good overview. Here's some of what we discuss in this episode: Myth: The Social Security Administration will help you make decisions. (3:49) Myth: You won’t pay taxes on Social Security. (8:04) Myth: You should claim Social Security as soon as possible. (12:49) Want t...2023-06-0125 min

Your Retirement Elevated Podcast with Scott Dougan7 Important Streams of IncomeYou can’t talk about retirement without talking about income. There are seven streams of income you need to know about. In today’s episode, we’ll break them down for you and help you understand the pros and cons of each one. Join us for a critical discussion on creating a reliable, dependable income source in retirement and discover the importance of having a diversified financial plan. Here's some of what we discuss in this episode: Earned income is the most common type of income. (3:50) Interest income is a form of passive income. (9:09) Business...2023-05-1829 min

Your Retirement Elevated Podcast with Scott DouganFive Facts You Need to Know About FDIC Insurance and Your IRAThe Federal Deposit Insurance Corporation (FDIC) has been in the news recently as bank failures have made headlines. It's worth noting that the FDIC insures deposits up to $250,000, providing peace of mind to depositors who may be concerned about the safety of their funds. However, you may be wondering if your IRA is also protected by the FDIC, especially in light of recent news coverage. In this episode, we’ll answer your questions about banking, FDIC, IRAs, and more. Stay tuned as we cover the five facts that you need to know. Here's some of what...2023-05-0413 min

Your Retirement Elevated Podcast with Scott DouganHow Millionaires Invest Their MoneyHow do millionaires invest their money? If you’ve ever wondered how they do it, today’s show is for you. From asset allocation to market timing and security selection, we’ll explain how millionaires handle these topics. Here's some of what we discuss in this episode: How do millionaires handle asset allocation? (5:09) Do millionaires time the market? (8:38) How do millionaires diversify their investments? (11:08) Want to connect with us? https://listentoscott.com/ https://elevatemyretirement.com/our-team/scott-m-dougan/ 913-393-4724 2023-04-2022 min

Your Retirement Elevated Podcast with Scott Dougan10 IRA Questions to Ask Your AdvisorEntrusting your life savings to a financial advisor requires careful consideration and due diligence, especially when it comes to managing large IRAs. Before handing over your hard-earned nest egg, it's crucial to ensure that your advisor possesses the necessary expertise and experience to handle the responsibility. To help you navigate this, we've compiled a list of ten crucial questions to ask your advisor about IRAs. Here are a few of the questions we’ll highlight in today’s episode: IRA distribution planning requires specialized knowledge. Do you have expertise in this area? (8:07) What professional train...2023-04-1324 min

Your Retirement Elevated Podcast with Scott DouganUnpacking the Silicon Valley Bank CollapseAs you have likely heard, the Silicon Valley Bank collapsed on Friday, March 10th, 2023, after a bank run- marking the largest bank failure in the U.S. in over a decade. With a lot of fear surrounding this topic, we are here to focus on the facts and give you a better understanding of what we know today. Here's some of what we discuss in this episode: What we know about the Silicon Valley bank failure right now (2:57) Unpacking why this SVB crisis happened and what sparked the bank run panic. (11:05) The five keys p...2023-03-1425 min

Your Retirement Elevated Podcast with Scott DouganThings Could (Always) Be BetterToday’s show is going to feel like a healing therapy session. We're talking about how things could always be better. From human progress and value to happiness, we’ll cover some fascinating topics today. We are not psychologists or therapists, but we are fascinated by the human mind and the need to improve. It happens in all facets of our lives, but money always seems to drive that desire to want more. Here's some of what we discuss in this episode: How have you made financial decisions in the past? (2:01) Despite the negativity in t...2023-03-0222 min

Your Retirement Elevated Podcast with Scott DouganRetiring Early? Check Out Scott’s Do’s & Don’ts of 6 Secret Sources of IncomeIf you’re thinking about retiring early, you’ll need to take a few extra steps in the planning process because you’ll be facing some additional challenges. But there are ways to navigate this by looking at all of the income options at your disposal. On today’s show, we’ll share Scott’s top do’s and don’ts of six secret sources of come. So much of your success will depend on your income plan and this episode will lay out some ways to get ahead. Here's some of what we discuss in thi...2023-02-1627 min

Your Retirement Elevated Podcast with Scott DouganSECURE Act 2.0 Webinar & In-Depth DiscussionWe’ve got a special edition of the podcast today, and it’s one you’re going to want to listen to. We’ve already spent some time on this show discussing SECURE Act 2.0 and we highlighted many of the planning opportunities it has created. But this is such an important piece of retirement legislation so we’re going even more in-depth on the subject. In this episode, we are sharing a webinar we hosted about SECURE Act 2.0. And, spoiler alert, we get a little angry about the topic and go in attack dog mode. Get ready for it....2023-02-0355 min

Your Retirement Elevated Podcast with Scott DouganFinancial Checklists and Important BirthdaysA new year means many of us are looking for ways to improve our financial lives in 2023. Today we’re sharing a great checklist to give you areas of focus in order to be better prepared financially. If you’re nearing retirement, these are questions you want to think through and have a plan for before you make that transition. We’ll also share some important birthdays for financial planning and make sure you know about the items that will impact you at specific ages. Here's some of what we discuss in this episod...2023-01-2620 min

Your Retirement Elevated Podcast with Scott DouganSECURE 2.0 Act – Retirement Changes You Need to KnowWe’ve gone through all of these different SECURE 2.0 Act provisions, which touch on a range of planning items and dates so that you can really focus on what’s most important. This episode will help you get a better understanding of the changes, how they might impact you, and what planning opportunities you need to be aware of. Here's some of what we discuss in this episode: More changes again to the required minimum distribution ages. (7:16) Elimination of RMD requirements for Roth 401(k) plans. (12:31) Reduction in penalty for missing your RMD withdrawal. (14:16) Catch-up contribution changes. (15:52) The ab...2023-01-2033 min

Your Retirement Elevated Podcast with Scott DouganMailbag: Mortgages, Dividends and CollegeIt’s time for another mailbag episode, and we bet these questions (and our answers) will help many of you. This episode could really help if you’re looking to improve your financial situation and prepare for retirement. We will discuss whether to pay off your mortgage, what to do about dividends, and whether to prioritize paying for college or saving for retirement. Listen to hear some of the questions our listeners have, and maybe you’ll gain some valuable knowledge from our answers! On this episode, we’ll share: Should you pay off m...2022-12-1523 min

Your Retirement Elevated Podcast with Scott DouganEnd-of-Year Tax StrategiesIt’s time to focus on the end of the year, especially taxes, which are a big topic of conversation. We spotlight this topic every December because it’s just that important. We do a year-end tax event each year and produce a white paper because having the right strategies to limit your tax bill can help reduce some of the anxiety around tax time. Some people stress about doing their taxes. If you’ve ever received a letter from the IRS, you know what that anxiety is like. On this episode, we’ll share...2022-12-0127 min

Your Retirement Elevated Podcast with Scott DouganStock Seller’s RemorseDo you have seller’s remorse? If you sell a stock and then regret it later, this might be you. We love talking about the behavioral side of finances and investing, and today’s show is all about that. The economy and markets have had a rough time this year, so we’ve seen more regret among investors who led with their feelings instead of facts. On this episode, we’ll share: The behavioral side of finances and investing. (1:06) What’s high in terms of historical interest rates? (6:17) How people almost fell asleep on stock mark...2022-11-1718 min

Your Retirement Elevated Podcast with Scott DouganWhat Can I Control?What’s in your control, what’s outside your control, and how do those things influence your decision-making in your financial life? For instance, inflation is surging, the markets are down, and political warfare is holding strong. But rest assured, there are aspects you are still definitely in control of. We’ll explain how facts and logic are better tools than emotions, myths, misconceptions and misinformation. On this episode, we’ll share: Should you just ignore the things you can’t control? (2:50) What’s out of your control? And what can you control? (4:42) The best way to...2022-11-0322 min

Your Retirement Elevated Podcast with Scott DouganCelebrate Our 100th Show With These Memorable MomentsIt’s time to celebrate our 100th episode of Your Retirement Elevated with Scott Dougan! For this milestone episode, we thought we’d mix things up a bit with a look back at some of the best lessons from the past few years of podcasting. Scott’s a great storyteller; it always makes financial planning more relatable when we can tie it into a story about our past or everyday life. So, we’ve gone back through the past 100 episodes, pulled our Top 6 favorite stories, and trimmed each one into a bite-sized piece. Enjoy these stories...2022-10-2024 min

Your Retirement Elevated Podcast with Scott DouganWhy You Need a Micro and Macro Tax LensThere are a couple different ways to view taxes – through micro and macro lenses. You’ve probably heard of micro and macro economics, but today’s show is all about preparing for tax season. Here’s some of what you’ll learn on this episode: Why you have to consider variables in tax planning. (6:01) Why you need to keep the conversation going about your taxes and how often we should meet. (9:12) Our final thoughts about this crucial topic for your finances. (13:30) Want to connect with us? https://listentoscott.com/ https://elevat...2022-10-0616 min

Your Retirement Elevated Podcast with Scott Dougan5 Questions To Determine If Your Financial Plan Needs Further ReviewAnytime you meet with a financial advisor, you need to determine if your plan needs more review. On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re sharing the five critical questions you need to ask. Key topics on this show: 3:58 – Vacation now or later 6:17 – Adequate review 9:36 – Tax plan 12:00 – Income and liquidity 13:59 – Risk 15:34 – Heirs Read more and get additional resources here: http://listentoscott.com 2022-07-0722 min

Your Retirement Elevated Podcast with Scott Dougan4 Financial Questions We Get Asked All the TimeOn this episode of Your Retirement Elevated podcast with Scott Dougan, we’re sharing the four most common financial questions we get and how we answer them. Read more and get additional financial resources here: https://wp.me/paeENs-cp What we discuss on this episode: 3:45 – When can I retire? 5:55 – Do I have enough? 7:41 – Will my money last as long as I do? 8:34 – Will I be OK? 2021-08-1913 min

Your Retirement Elevated Podcast with Scott DouganWatch Out for These 4 Retirement Blind SpotsOn this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about blind spots in your retirement. Most retirees and pre-retirees have them in their retirement plan – things they never knew they needed to be thinking about. We’ll explain how each of these blind spots can cause problems. Read more and get additional financial resources here: https://wp.me/paeENs-cl What we discuss on this episode: 4:15 – Market downturn 6:43 – Inflation 8:40 – Medical costs 11:03 – Tax 13:50 – Looking for blind spots 2021-08-0516 min

Your Retirement Elevated Podcast with Scott DouganKnowledge is Not PowerIs knowledge power? On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re exploring the topic of knowledge and what you do with it. Read more and get additional financial resources here: https://wp.me/paeENs-bX What we discuss on this episode: 2:05 – Knowledge is not power 6:40 – Knowing where to tap 12:12 – Critical lessons 14:05 – Executing a plan 15:30 – Prior knowledge not always an advantage 20:26 – Feeling comfortable and confident 2021-06-1726 min

Your Retirement Elevated Podcast with Scott DouganWhat Are You Going To Retire To?On this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about a question that has come up a lot lately: What are you going to retire to? Read more and get additional financial resources here: https://wp.me/paeENs-bP What we discuss on this episode: 1:36 – What you are going to retire to? 6:17 – Struggling with retirement 10:06 – Silver linings 2021-06-0316 min

Your Retirement Elevated Podcast with Scott DouganYou're Always Closer To Running Out Of Vitamin C Than You ThinkOn this episode of Your Retirement Elevated podcast with Scott Dougan, we’ll explain the correlation between vitamin C and how it impacts your financial health. Read more and get additional financial resources here: https://wp.me/paeENs-bF What we discuss on this episode: 3:05 – Email from a client 5:31 – Always something to worry about 9:45 – No doom and gloom 12:45 – Guard your minds 14:28 – Emotions 2021-05-2716 min

Your Retirement Elevated Podcast with Scott DouganCritical Facts: SECURE Act's RMD Rule Not What You ThoughtOn this episode of Your Retirement Elevated podcast with Scott Dougan, we’re talking about some recent developments to the SECURE Act and what it might mean for you. Find out what we think about the news and how it could impact planning. Read more and get additional financial resources here: https://wp.me/paeENs-bs What we discuss on this episode: 2:42 – What is the SECURE Act? 6:34 – Withdrawing funds from retirement accounts 11:20 – Not the first big change 13:36 – Repercussions 2021-04-2218 min

Your Retirement Elevated Podcast with Scott DouganLove or Hate the Election, Leave Emotion BehindNo matter how you feel about the 2020 election, it’s best to leave emotion behind when dealing with your financial future. Scott Dougan explains how he handles retirement planning in election season. Read more and get additional financial resources here: https://wp.me/paeENs-ac What we discuss on this show: 0:51 – Dealing with uncertainty 3:48 – Too much emphasis on one person 5:58 – Clients upset about election outcome 7:29 – What’s great about America 9:20 – Every change gives us opportunity 11:02 – How to define long-term 15:05 – Model good 2020-11-1917 min

Your Retirement Elevated Podcast with Scott DouganEnd-of-Year Tax Planning GuideOn this episode of Your Retirement Elevated podcast with Scott Dougan, we explain why tax planning is so important, how the election could affect taxes and much more. Consider this your end-of-year tax planning guide. Find out why tax planning is often a missing piece in people’s financial plans. Read more and get additional financial resources here: https://wp.me/paeENs-9U What we discuss on this show: 2:15 – Why tax planning is often a missing piece 5:38 – Itemization vs. standard deduction 7:48 – CPAs vs. financial pla...2020-10-2236 min

Your Retirement Elevated Podcast with Scott DouganThe Four Tax Liability BucketsDo you know where your tax liabilities fall? You may not realize it, but your tax situation likely falls into one of four buckets, and you may have a little bit in each bucket. On this episode of Your Retirement Elevated Podcast, Scott Dougan explains what the four buckets are and why it’s important to know this information. Read more and get additional financial resources here: https://wp.me/paeENs-9p Read the whitepaper: https://listentoscott.com/wp-content/uploads/2020/09/Four-Buckets-PDF-For-Website.pdf What we discuss on this episode...2020-09-0317 min

Your Retirement Elevated Podcast with Scott DouganHow to Future-Proof Your RetirementIn light of COVID-19 and how it’s affecting the economy, there’s an added incentive to move money into a Roth. Scott Dougan explains the process and the benefits. Read more and get additional financial resources here: https://wp.me/paeENs-9k What we discuss on this episode: 1:19 – How COVID affects retirement 3:01 – Big takeaway for future-proofing retirement 4:57 – No doom and gloom 6:57 – Getting out of debt 9:31 – Take stock of where you are 12:43 – How this could affect other investments 16:38 – Final thou 2020-08-2719 min

Your Retirement Elevated Podcast with Scott Dougan10-Step Layoff Survival GuideHave you been laid off close to retirement, or are you worried that might happen? Scott Dougan shares 10 steps to help you decide your next move. Read more and get additional financial resources here: https://wp.me/paeENs-9d On today's show: 3:45 – Keep calm and take it one step at a time 4:36 – Determine your living expenses 6:42 - Create an inventory of your resources 8:28 – Add in severance pay 9:51 - Understand how unemployment benefits work 10:57 – Learn about your health insurance options 13:18...2020-08-2022 min

Your Retirement Elevated Podcast with Scott DouganAs Business Expands, Show Clients They Still MatterScott Dougan got a wake-up call when he found out his business advisor was taking on more clients. Would the advisor be too busy to talk with him now? How would it affect their relationship? The experience made Scott think about his own clients and how his business expansion makes them feel. Find out what he learned and how he applies that to his business relationships now. Read more & get additional financial resources here: https://wp.me/paeENs-97 Today's show schedule: 2:00 – Scott shares how adviser has helped him 4:13...2020-07-2316 min

Your Retirement Elevated Podcast with Scott DouganVital Takeaways From The Coronavirus Stimulus Bill For Individuals & Small Business OwnersThe $2 trillion coronavirus (COVID-19) economic stimulus bill was signed into law on March 27, 2020 aimed to provide relief and opportunities for individuals and businesses impacted negatively by the current pandemic. On this episode, we'll cover some of the key provisions in the bill with Scott Dougan and special guest Mark O'ffill of Prairie Fire Resources LLC. Small business owners, check out this PDF for key questions and guidance on the emergency loan program that's included in the stimulus. Show Notes & Info: Podcast Site: https://listentoscott.com/ Retirement Classes: https://www.retirementelevated.com/co...2020-04-0229 min

Your Retirement Elevated Podcast with Scott DouganThe Power Of Zero - Lessons From Our Event With David McKnightRespected financial author David McKnight joined Scott Dougan and the Elevated Retirement Group team for a recent event to learn about tax strategies that can lead you to the zero percent tax bracket in retirement. Scott recaps the event and details some of the strategies David talks about in his book, The Power of Zero. Show Notes & Info: SECURE Act PDF: https://mcdn.podbean.com/mf/web/yg7vqr/The_Secure_Act_-_ERG_-_Downloadable_Guide.pdf Podcast Site: https://listentoscott.com/ Retirement Classes: https://www.retirementelevated.com/courses/ C...2020-01-2329 min