Shows
Simplify Your RetirementSeason 6 Episode 12 Answering Your Top Retirement Questions: FAQs from Our ListenersStephen Stricklin, Founder and President of Wise Wealth, LLC is joined by COO, Paul Brock to answer frequently asked questions from clients and podcast listeners.
They cover common concerns such as:
How often do you make changes or rebalance my portfolio?
Do you watch the market and move assets out based on short-term volatility?
How does my savings or retirement plan compare to others at
this stage of life?
Stephen and Paul discuss the importance of rebalancing portfolios, which they typically do once a year to maintain the desired asset allocation and capitalize on buying...
2025-03-2839 min
Simplify Your RetirementSeason 6 Episode 12 Answering Your Top Retirement Questions: FAQs from Our ListenersStephen Stricklin, Founder and President of Wise Wealth, LLC is joined by COO, Paul Brock to answer frequently asked questions from clients and podcast listeners.
They cover common concerns such as:
How often do you make changes or rebalance my portfolio?
Do you watch the market and move assets out based on short-term volatility?
How does my savings or retirement plan compare to others at
this stage of life?
Stephen and Paul discuss the importance of rebalancing portfolios, which they typically do once a year to maintain the desired asset allocation and capitalize on buying...
2025-03-2839 min
RetirementSeason 6 Episode 12 Answering Your Top Retirement Questions: FAQs from Our ListenersStephen Stricklin, Founder and President of Wise Wealth, LLC is joined by COO, Paul Brock to answer frequently asked questions from clients and podcast listeners.
They cover common concerns such as:
How often do you make changes or rebalance my portfolio?
Do you watch the market and move assets out based on short-term volatility?
How does my savings or retirement plan compare to others at
this stage of life?
Stephen and Paul discuss the importance of rebalancing portfolios, which they typically do once a year to maintain the desired asset allocation and capitalize on buying...
2025-03-2839 minFinancial PlanningSeason 6 Episode 12 Answering Your Top Retirement Questions: FAQs from Our ListenersStephen Stricklin, Founder and President of Wise Wealth, LLC is joined by COO, Paul Brock to answer frequently asked questions from clients and podcast listeners.
They cover common concerns such as:
How often do you make changes or rebalance my portfolio?
Do you watch the market and move assets out based on short-term volatility?
How does my savings or retirement plan compare to others at
this stage of life?
Stephen and Paul discuss the importance of rebalancing portfolios, which they typically do once a year to maintain the desired asset allocation and capitalize on buying...
2025-03-2839 minRetirementSpecial Episode: Post-Presidential Election Results OutlookIn this special edition of the Simplify Your Retirement Podcast, Stephen Stricklin, CFP® President of Wise Wealth, and Vice President Paul Brock discuss the recent 2024 U.S. election and its immediate impact on the stock market.
The episode focuses on three key questions people have about investing during election years and the broader economic outlook.
1. Why did the stock market respond favorably to Donald Trump’s second-term win?
2. Why didn’t the advisors change investment strategies before the election?
3. What can people expect economically from a Trump presidency?
The episo...
2024-11-0924 minFinancial PlanningSpecial Episode: Post-Presidential Election Results OutlookIn this special edition of the Simplify Your Retirement Podcast, Stephen Stricklin, CFP® President of Wise Wealth, and Vice President Paul Brock discuss the recent 2024 U.S. election and its immediate impact on the stock market.
The episode focuses on three key questions people have about investing during election years and the broader economic outlook.
1. Why did the stock market respond favorably to Donald Trump’s second-term win?
2. Why didn’t the advisors change investment strategies before the election?
3. What can people expect economically from a Trump presidency?
The episo...
2024-11-0924 minSimplify Your RetirementSpecial Episode: Post-Presidential Election Results OutlookIn this special edition of the Simplify Your Retirement Podcast, Stephen Stricklin, CFP® President of Wise Wealth, and Vice President Paul Brock discuss the recent 2024 U.S. election and its immediate impact on the stock market.
The episode focuses on three key questions people have about investing during election years and the broader economic outlook.
1. Why did the stock market respond favorably to Donald Trump's second-term win?
2. Why didn’t the advisors change investment strategies before the election?
3. What can people expect economically from a Trump presidency?
The episode wraps up with the idea that time and discipline are crucial for...
2024-11-0924 minRetirementSeason 6 Episode 4 Principles of Investing: Buiding a Portfolio with PurposeIn this episode, Stephen Stricklin and Paul Brock discuss the importance of providing clients with a balanced approach to investing, focusing on portfolio construction that aligns with both financial goals and values.
Guests Ben Malik and Mark Riefer offer their experience and expertise.
Ben Malik: A chartered financial analyst (CFA) and certified kingdom advisor (CKA), Ben focuses on buildingbiblically responsible portfolios under Bright Portfolios, which balance good returns with ethical investments.
Mark Riefer: A financial advisor, and certified kingdom advisor (CKA), with a long history of managing portfolios and experience in biblically responsible in...
2024-10-2400 minFinancial PlanningSeason 6 Episode 4 Principles of Investing: Buiding a Portfolio with PurposeIn this episode, Stephen Stricklin and Paul Brock discuss the importance of providing clients with a balanced approach to investing, focusing on portfolio construction that aligns with both financial goals and values.
Guests Ben Malik and Mark Riefer offer their experience and expertise.
Ben Malik: A chartered financial analyst (CFA) and certified kingdom advisor (CKA), Ben focuses on buildingbiblically responsible portfolios under Bright Portfolios, which balance good returns with ethical investments.
Mark Riefer: A financial advisor, and certified kingdom advisor (CKA), with a long history of managing portfolios and experience in biblically responsible in...
2024-10-2400 minSimplify Your RetirementSeason 6 Episode 4 Principles of Investing: Buiding a Portfolio with PurposeIn this episode, Stephen Stricklin and Paul Brock discuss the importance of providing clients with a balanced approach to investing, focusing on portfolio construction that aligns with both financial goals and values.
Guests Ben Malik and Mark Riefer offer their experience and expertise.
Ben Malik: A chartered financial analyst (CFA) and certified kingdom advisor (CKA), Ben focuses on buildingbiblically responsible portfolios under Bright Portfolios, which balance good returns with ethical investments.
Mark Riefer: A financial advisor, and certified kingdom advisor (CKA), with a long history of managing portfolios and experience in biblically responsible investing. He emphasizes the importance of asset al...
2024-10-2400 minSimplify Your RetirementSeason 5 Episode 7 Insurance Planning: When and Why to Transfer RiskIn this insightful conversation, Stephen Stricklin discusses the complexities of financial planning, focusing on the contrasting viewpoints regarding investments in the stock market and insurance planning.
Leveraging his extensive industry experience, Stricklin underscores the significance of crafting a comprehensive plan that seamlessly integrates both aspects.
There is an imperative need for objective advice, especially from a firm like Wise Wealth which can objectively navigate the intricacies of both insurance and investments. Many biased financial advisors may favor one approach due to licensing, affiliations, or personal preferences.
Wise Wealth's approach involves tailoring recommendations based on a thorough understanding of clients' needs...
2024-01-0437 minSimplify Your RetirementSeason 5 Episode 7 Insurance Planning: When and Why to Transfer RiskIn this insightful conversation, Stephen Stricklin discusses the complexities of financial planning, focusing on the contrasting viewpoints regarding investments in the stock market and insurance planning.
Leveraging his extensive industry experience, Stricklin underscores the significance of crafting a comprehensive plan that seamlessly integrates both aspects.
There is an imperative need for objective advice, especially from a firm like Wise Wealth which can objectively navigate the intricacies of both insurance and investments. Many biased financial advisors may favor one approach due to licensing, affiliations, or personal preferences.
Wise Wealth’s approach involves tailoring recommendations ba...
2024-01-0437 minUncategorizedSeason 5 Episode 7 Insurance Planning: When and Why to Transfer RiskIn this insightful conversation, Stephen Stricklin discusses the complexities of financial planning, focusing on the contrasting viewpoints regarding investments in the stock market and insurance planning.
Leveraging his extensive industry experience, Stricklin underscores the significance of crafting a comprehensive plan that seamlessly integrates both aspects.
There is an imperative need for objective advice, especially from a firm like Wise Wealth which can objectively navigate the intricacies of both insurance and investments. Many biased financial advisors may favor one approach due to licensing, affiliations, or personal preferences.
Wise Wealth’s approach involves tailoring recommendations ba...
2024-01-0437 minSimplify Your RetirementSeason 5 Episode 6 Investment Planning: The 2 Key Ingredients to SuccessInvestment Planning: The 2 Key Ingredients to Success
Ever wondered what it takes to be a successful stock market investor? In this episode, Stephen Stricklin from Wise Wealth breaks down the two essential ingredients for success: time and discipline.
🔍 Key Takeaways:
• Time & Discipline: The foundation of successful stock market investing.
• The Three-Bucket Approach: Learn how to allocate your assets strategically.
• #GSEL Mission: Discover Wise Wealth's mission—Give, Serve, Enjoy Life.
• Seven Areas of Financial Planning: Gain insights into comprehensive retirement planning.
Stephen explains the significance of the three-bucket approach – liquid, income, and growth – and why the growth bucket is a key component for lon...
2023-12-2829 minTaxesS4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!
One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidat...
2022-06-2039 minFinanceS4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!
One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidat...
2022-06-2039 minFinancialS4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!
One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidat...
2022-06-2039 min
Simplify Your RetirementS4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!
One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidat...
2022-06-2039 minSimplify Your RetirementS4: Episode 12 – Is there value in using multiple advisors? Answering Your Financial FAQ’s!In today’s episode, the last of Season 4, Stephen Stricklin, along with Paul Brock, answer FAQ’s surrounding retirement planning. In addition to their answers in this episode, we encourage you to look back through the seasons to gain more clarity!
One listener asks, “Do you see value in splitting accounts over a few different advisors?” Stephen says with multiple advisors working with the same client, you can end up with similar portfolios, and that may not be as diversified as you’d think. In addition, different advisors have different financial philosophies, Stephen believes in simplicity and consolidation, getting all assets und...
2022-06-2039 minSimplify Your RetirementS4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David SandhuHave you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments.
As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do they treat the...
2022-06-0638 minFinanceS4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David SandhuHave you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments.
As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do...
2022-06-0638 minTaxesS4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David SandhuHave you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments.
As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do...
2022-06-0638 minFinancialS4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David SandhuHave you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments.
As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do...
2022-06-0638 minSimplify Your RetirementS4: Episode 11 – Aligning Your Faith With Your Investments With Ben Malick And David SandhuHave you ever considered the views of the companies you’ve invested in? Do they align with yours? Join Stephen Stricklin and Paul Brock, along with guests Ben Malick and David Sandhu, as they discuss Biblically Responsible Investing. Ben and David have years of financial experience with Wise Wealth, and in this episode, offer clarity on how we can make good decisions when it comes to thinking biblically about our investments.
As an investor, you must screen for companies that take into account the acronym, ESG, Environment, Social and Governance. Do they care for the environment? How do...
2022-06-0638 minSimplify Your RetirementS4: Episode 10 – The Myths and Misconceptions of Fees and CostsYou may have heard the terms “fee” and “cost” used as synonyms, but there is a distinction that could make all the difference in the world of investing. In this episode, Stephen Stricklin and Paul Brock discuss three major misconceptions many people have about fees and costs.
A fee is something you can “see,” usually in plain sight, and made known up front, sometimes deterring an individual from taking the plunge. A cost is something you can “feel,” usually not laid out clearly in a statement, but you’ll feel the hidden costs in your returns.
The three most popular money saving misconc...
2022-05-1637 minTaxesS4: Episode 10 – The Myths and Misconceptions of Fees and CostsYou may have heard the terms “fee” and “cost” used as synonyms, but there is a distinction that could make all the difference in the world of investing. In this episode, Stephen Stricklin and Paul Brock discuss three major misconceptions many people have about fees and costs.
A fee is something you can “see,” usually in plain sight, and made known up front, sometimes deterring an individual from taking the plunge. A cost is something you can “feel,” usually not laid out clearly in a statement, but you’ll feel the hidden costs in your returns.
The three most pop...
2022-05-1637 minFinancialS4: Episode 10 – The Myths and Misconceptions of Fees and CostsYou may have heard the terms “fee” and “cost” used as synonyms, but there is a distinction that could make all the difference in the world of investing. In this episode, Stephen Stricklin and Paul Brock discuss three major misconceptions many people have about fees and costs.
A fee is something you can “see,” usually in plain sight, and made known up front, sometimes deterring an individual from taking the plunge. A cost is something you can “feel,” usually not laid out clearly in a statement, but you’ll feel the hidden costs in your returns.
The three most pop...
2022-05-1637 minSimplify Your RetirementS4: Episode 10 – The Myths and Misconceptions of Fees and CostsYou may have heard the terms “fee” and “cost” used as synonyms, but there is a distinction that could make all the difference in the world of investing. In this episode, Stephen Stricklin and Paul Brock discuss three major misconceptions many people have about fees and costs.
A fee is something you can “see,” usually in plain sight, and made known up front, sometimes deterring an individual from taking the plunge. A cost is something you can “feel,” usually not laid out clearly in a statement, but you’ll feel the hidden costs in your returns.
The three most pop...
2022-05-1637 minFinancialS4: Episode 9 – How A Reverse Mortgage Can Enhance Your Retirement With Gabrielle WelterAre there better uses for your home equity? In today’s episode special guest Gabrielle Welter, along with host Stephen Stricklin, discuss everything reverse mortgages. Gabrielle is a reverse mortgage specialist in the Chicago area, and with 11 years experience in the financial industry, she has a lot to share.
Gabrielle debunks the negative connotation that a reverse mortgage is the “loan of last resort.” She gives an in depth look into how a reverse mortgage can enhance your retirement portfolio overall.
She answers questions like; How does a reverse mortgage work if you still have a mortga...
2022-05-0233 minSimplify Your RetirementS4: Episode 9 – How A Reverse Mortgage Can Enhance Your Retirement With Gabrielle WelterAre there better uses for your home equity? In today’s episode special guest Gabrielle Welter, along with host Stephen Stricklin, discuss everything reverse mortgages. Gabrielle is a reverse mortgage specialist in the Chicago area, and with 11 years experience in the financial industry, she has a lot to share.
Gabrielle debunks the negative connotation that a reverse mortgage is the “loan of last resort.” She gives an in depth look into how a reverse mortgage can enhance your retirement portfolio overall.
She answers questions like; How does a reverse mortgage work if you still have a mortga...
2022-05-0233 minTaxesS4: Episode 9 – How A Reverse Mortgage Can Enhance Your Retirement With Gabrielle WelterAre there better uses for your home equity? In today’s episode special guest Gabrielle Welter, along with host Stephen Stricklin, discuss everything reverse mortgages. Gabrielle is a reverse mortgage specialist in the Chicago area, and with 11 years experience in the financial industry, she has a lot to share.
Gabrielle debunks the negative connotation that a reverse mortgage is the “loan of last resort.” She gives an in depth look into how a reverse mortgage can enhance your retirement portfolio overall.
She answers questions like; How does a reverse mortgage work if you still have a mortga...
2022-05-0233 minSimplify Your RetirementS4: Episode 9 – How A Reverse Mortgage Can Enhance Your Retirement With Gabrielle WelterAre there better uses for your home equity? In today’s episode special guest Gabrielle Welter, along with host Stephen Stricklin, discuss everything reverse mortgages. Gabrielle is a reverse mortgage specialist in the Chicago area, and with 11 years experience in the financial industry, she has a lot to share.
Gabrielle debunks the negative connotation that a reverse mortgage is the “loan of last resort.” She gives an in depth look into how a reverse mortgage can enhance your retirement portfolio overall.
She answers questions like; How does a reverse mortgage work if you still have a mortgage payment? What is the cost...
2022-05-0233 minSimplify Your RetirementS4: Episode 8 – Taxes in Retirement – 5 Topics to Be Aware ofHost Stephen Stricklin and Co-Host Paul Brock take on the topic of taxes in retirement in today’s episode, appropriately released on the tax filing deadline date of 2021. An exciting day for some, and dreaded for others, it’s a reality of our financial life we cannot avoid, and certainly a factor to consider when planning for retirement.
Stephen and Paul take a deep dive into some tax lingo. They bring listeners through five topics pertaining to taxes and retirement: Tax Planning, Effective vs. Marginal Tax Rate, Capital Gains, Social Security benefits and Medicare. They give clarity to th...
2022-04-1838 minSimplify Your RetirementS4: Episode 8 – Taxes in Retirement – 5 Topics to Be Aware ofHost Stephen Stricklin and Co-Host Paul Brock take on the topic of taxes in retirement in today’s episode, appropriately released on the tax filing deadline date of 2021. An exciting day for some, and dreaded for others, it’s a reality of our financial life we cannot avoid, and certainly a factor to consider when planning for retirement.
Stephen and Paul take a deep dive into some tax lingo. They bring listeners through five topics pertaining to taxes and retirement: Tax Planning, Effective vs. Marginal Tax Rate, Capital Gains, Social Security benefits and Medicare. They give clarity to these terms, and g...
2022-04-1838 minTaxesS4: Episode 8 – Taxes in Retirement – 5 Topics to Be Aware ofHost Stephen Stricklin and Co-Host Paul Brock take on the topic of taxes in retirement in today’s episode, appropriately released on the tax filing deadline date of 2021. An exciting day for some, and dreaded for others, it’s a reality of our financial life we cannot avoid, and certainly a factor to consider when planning for retirement.
Stephen and Paul take a deep dive into some tax lingo. They bring listeners through five topics pertaining to taxes and retirement: Tax Planning, Effective vs. Marginal Tax Rate, Capital Gains, Social Security benefits and Medicare. They give clarity to th...
2022-04-1838 minTaxesS4: Episode 7 – Non-Financial Mistakes to Avoid in Retirement Planning with Samantha LaneRetirement is not a cliff to jump off of, but an opportunity to build bridges grounded with your values and strengths.
In this episode, Stephen Stricklin is joined by guest Samantha Lane, an Associate Certified Coach who most often works with men and women making the huge transition to retirement. Samantha is passionate about helping individuals through major life changes, and being a guiding light for clients to find balance and satisfaction in their life as retirees.
Samantha walks us through six non-financial mistakes people make going into retirement, identifying them and giving tips on h...
2022-04-0433 minSimplify Your RetirementS4: Episode 7 – Non-Financial Mistakes to Avoid in Retirement Planning with Samantha LaneRetirement is not a cliff to jump off of, but an opportunity to build bridges grounded with your values and strengths.
In this episode, Stephen Stricklin is joined by guest Samantha Lane, an Associate Certified Coach who most often works with men and women making the huge transition to retirement. Samantha is passionate about helping individuals through major life changes, and being a guiding light for clients to find balance and satisfaction in their life as retirees.
Samantha walks us through six non-financial mistakes people make going into retirement, identifying them and giving tips on how to combat them. She b...
2022-04-0433 minSimplify Your RetirementS4: Episode 7 – Non-Financial Mistakes to Avoid in Retirement Planning with Samantha LaneRetirement is not a cliff to jump off of, but an opportunity to build bridges grounded with your values and strengths.
In this episode, Stephen Stricklin is joined by guest Samantha Lane, an Associate Certified Coach who most often works with men and women making the huge transition to retirement. Samantha is passionate about helping individuals through major life changes, and being a guiding light for clients to find balance and satisfaction in their life as retirees.
Samantha walks us through six non-financial mistakes people make going into retirement, identifying them and giving tips on h...
2022-04-0433 minSimplify Your RetirementS4: Episode 6 – Banking On Yourself With Mark WillisJoining host Stephen Stricklin is guest Mark Willis, financial advisor and owner of Late Growth Financial Services in Chicago IL, and Co-Host of his podcast Not Your Average Financial Podcast, on the topic of banking on yourself.
Graduating college with an immense amount of debt, and starting a new job at a CPA firm during the 2008 stock market collapse, Mark wondered “Is there something better than just climbing out of this hole?” Knowing debt is important to move past, but not wanting to throw away crucial years, where money is more valuable due to compound growth and opportunity cost, Mark thoug...
2022-03-2135 minSimplify Your RetirementS4: Episode 6 – Banking On Yourself With Mark WillisJoining host Stephen Stricklin is guest Mark Willis, financial advisor and owner of Late Growth Financial Services in Chicago IL, and Co-Host of his podcast Not Your Average Financial Podcast, on the topic of banking on yourself.
Graduating college with an immense amount of debt, and starting a new job at a CPA firm during the 2008 stock market collapse, Mark wondered “Is there something better than just climbing out of this hole?” Knowing debt is important to move past, but not wanting to throw away crucial years, where money is more valuable due to compound growth and oppor...
2022-03-2135 minSimplify Your RetirementS4: Episode 5 – A Mountain Climber’s Financial Advice With David Rosell – Part 2Joining Stephen Stricklin for another podcast episode is our guest, David Rosell, financial planner, president and founder of Rosell Wealth Management, author of Failure Is Not an Option, and avid traveler. They discuss common risks that you should consider when planning for retirement.
Risks that occur in the distribution phase of retirement are inevitable. It’s up to us to be prepared with a plan when we meet these risks. The most common risks that people run into are inflation risk, interest rate risk, and longevity risk. With these uncertainties in mind, we can find peace by having a plan.
When...
2022-03-0731 minSimplify Your RetirementS4: Episode 5 – A Mountain Climber’s Financial Advice With David Rosell – Part 2Joining Stephen Stricklin for another podcast episode is our guest, David Rosell, financial planner, president and founder of Rosell Wealth Management, author of Failure Is Not an Option, and avid traveler. They discuss common risks that you should consider when planning for retirement.
Risks that occur in the distribution phase of retirement are inevitable. It’s up to us to be prepared with a plan when we meet these risks. The most common risks that people run into are inflation risk, interest rate risk, and longevity risk. With these uncertainties in mind, we can find peace by hav...
2022-03-0731 minSimplify Your RetirementS4: Episode 4 – A Mountain Climber’s Financial Advice With David Rosell – Part 1Stephen Stricklin is joined by guest David Rosell, financial planner, president and founder of Rosell Wealth Management, author of Failure Is Not an Option, and world-wide traveler, as they discuss the reality of planning for retirement.
In his book, David combines his two passions, travel stories, and financial survival tips. He ties in his mountain climbing and travel adventures, with impactful advice about retirement. David says FEAR, False Evidence Appearing Real, is our worst enemy. Fear discourages people from making a solid plan. In climbing, the end goal may be for someone to reach the summit, when in reality the e...
2022-02-2129 minSimplify Your RetirementS4: Episode 4 – A Mountain Climber’s Financial Advice With David Rosell – Part 1Stephen Stricklin is joined by guest David Rosell, financial planner, president and founder of Rosell Wealth Management, author of Failure Is Not an Option, and world-wide traveler, as they discuss the reality of planning for retirement.
In his book, David combines his two passions, travel stories, and financial survival tips. He ties in his mountain climbing and travel adventures, with impactful advice about retirement. David says FEAR, False Evidence Appearing Real, is our worst enemy. Fear discourages people from making a solid plan. In climbing, the end goal may be for someone to reach the summit, when i...
2022-02-2129 minSimplify Your RetirementS4: Episode 3 – Inflation’s Impact on Retirement PlanningShould inflation cause panic? Are spikes in inflation a new phenomenon? How will it impact my retirement?
Join our hosts Stephen Stricklin and Paul Brock for Season 4, Episode 3 as they answer these questions and more! They talk about the importance of considering inflation when relating to retirement, in this timeless episode designed to share with friends and family. Inflation, as defined by Investopedia, is the decline of purchasing power of a given currency over time. Retiree’s feel the impact of inflation more than most. With an average inflation rate of 3% per year, they need to be prepared for a ch...
2022-02-0732 minSimplify Your RetirementS4: Episode 3 – Inflation’s Impact on Retirement PlanningShould inflation cause panic? Are spikes in inflation a new phenomenon? How will it impact my retirement?
Join our hosts Stephen Stricklin and Paul Brock for Season 4, Episode 3 as they answer these questions and more! They talk about the importance of considering inflation when relating to retirement, in this timeless episode designed to share with friends and family. Inflation, as defined by Investopedia, is the decline of purchasing power of a given currency over time. Retiree’s feel the impact of inflation more than most. With an average inflation rate of 3% per year, they need to be pr...
2022-02-0732 minSimplify Your RetirementS4: Episode 2 – Money Magic With Laurence Kotlikoff – Part 2"The biggest risk we face in old age, or maybe the second biggest apart from healthcare costs, is longevity risk - out running our money." - Laurence Kotlikoff
In this episode, Stephen Stricklin continues his conversation with Laurence Kotlikoff, a Professor of Economics at Boston University and best-selling author. They cover several more details about Laurence’s new book, “Money Magic: An Economist's Secrets to More Money, Less Risk, and a Better Life”.
A large part of the discussion was around the 5 main risks to one’s living standard that Larry talks about in greater detail in his book. Those 5 risks ar...
2022-01-1732 minSimplify Your RetirementS4: Episode 2 – Money Magic With Laurence Kotlikoff – Part 2“The biggest risk we face in old age, or maybe the second biggest apart from healthcare costs, is longevity risk – out running our money.” – Laurence Kotlikoff
In this episode, Stephen Stricklin continues his conversation with Laurence Kotlikoff, a Professor of Economics at Boston University and best-selling author. They cover several more details about Laurence’s new book, “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life”.
A large part of the discussion was around the 5 main risks to one’s living standard that Larry talks about in greater detail in his book. Those...
2022-01-1732 minSimplify Your RetirementS4: Episode 1 – Money Magic With Laurence Kotlikoff – Part 1Welcome to season 4 of the Simplify Your Retirement Podcast! Season 4 will be packed with exciting guests, and popular FAQ’s Stephen gets from clients.
In part one of this two-part interview, Stephen Stricklin is joined by Laurence Kotlikoff, a Professor of Economics at Boston University and a best-selling author. They discuss Kotlikoff’s brand-new book, “Money Magic: An Economist's Secrets to More Money, Less Risk, and a Better Life”.
A magician isn’t smarter than anyone else, he just happens to learn something that he can convey in a way that surprises people. Laurence’s goal is just that – to share what he’s...
2022-01-0329 minSimplify Your RetirementS4: Episode 1 – Money Magic With Laurence Kotlikoff – Part 1Welcome to season 4 of the Simplify Your Retirement Podcast! Season 4 will be packed with exciting guests, and popular FAQ’s Stephen gets from clients.
In part one of this two-part interview, Stephen Stricklin is joined by Laurence Kotlikoff, a Professor of Economics at Boston University and a best-seling author. They discuss Kotlikoff’s brand-new book, “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life”.
A magician isn’t smarter than anyone else, he just happens to learn something that he can convey in a way that surprises people. Laurence’s goal is just t...
2022-01-0329 minSimplify Your RetirementS3: Episode 12 – How Wise Wealth Was Giving and Serving This Year With Bekah SteverIn this season of Simplify Your Retirement, we focused on the Wise Wealth mission of guiding investors on the path to financial significance, where they are free to give and serve and to enjoy a life like never before.
In this episode, Stephen Stricklin is joined by Bekah Stever, AAMS®, chief growth officer & director of compliance at Wise Wealth. Bekah helps us tie up the season as we look back at how Wise Wealth has given and served this past year. Bekah also shares why giving and serving is special to her.
Bekah discusses:
W...
2021-12-2025 minSimplify Your RetirementS3: Episode 12 – How Wise Wealth Was Giving and Serving This Year With Bekah SteverIn this season of Simplify Your Retirement, we focused on the Wise Wealth mission of guiding investors on the path to financial significance, where they are free to give and serve and to enjoy a life like never before.
In this episode, Stephen Stricklin is joined by Bekah Stever, AAMS®, chief growth officer & director of compliance at Wise Wealth. Bekah helps us tie up the season as we look back at how Wise Wealth has given and served this past year. Bekah also shares why giving and serving is special to her.
Bekah discusses:
Why she chose to work at W...
2021-12-2025 minSimplify Your RetirementS3: Episode 11 – We Should Always Be Enjoying Life With Jonathan Dold, MBABeing free to enjoy life in retirement is one of the missions of Wise Wealth. But you should be enjoying life all the time.
In this episode, Stephen Stricklin is joined by Jonathan Dold, a financial advisor at Wise Wealth. Jon is not retired, but he has been living the Wise Wealth mission of enjoying life for quite some time. He shares his background in finance, how he’s been enjoying life, and his experience with First Tee, a youth development golf organization that he is involved with.
Jon discusses:
Why he became a fi...
2021-12-0629 minSimplify Your RetirementS3: Episode 11 – We Should Always Be Enjoying Life With Jonathan Dold, MBABeing free to enjoy life in retirement is one of the missions of Wise Wealth. But you should be enjoying life all the time.
In this episode, Stephen Stricklin is joined by Jonathan Dold, a financial advisor at Wise Wealth. Jon is not retired, but he has been living the Wise Wealth mission of enjoying life for quite some time. He shares his background in finance, how he’s been enjoying life, and his experience with First Tee, a youth development golf organization that he is involved with.
Jon discusses:
Why he became a financial advisor
How he chooses to en...
2021-12-0629 minSimplify Your RetirementS3: Episode 10 – Enjoying Retirement Requires PlanningWhat does retirement look like to you? How do you plan to enjoy your retirement?
In this episode, Stephen Stricklin is joined by clients Barry and Linda, who share how they are enjoying retirement, and how planning has made their retirement successful. He is also joined by a client, Jeff, who discusses the plans he and his wife Janie have for their own retirement.
They discuss:
Barry and Linda’s experience living in an RV and travelling around the United States in retirement
Jeff’s experience living on a lake with his family and what their future retirement plans hold
Barry...
2021-11-2232 minSimplify Your RetirementS3: Episode 10 – Enjoying Retirement Requires PlanningWhat does retirement look like to you? How do you plan to enjoy your retirement?
In this episode, Stephen Stricklin is joined by clients Barry and Linda, who share how they are enjoying retirement, and how planning has made their retirement successful. He is also joined by a client, Jeff, who discusses the plans he and his wife Janie have for their own retirement.
They discuss:
Barry and Linda’s experience living in an RV and travelling around the United States in retirement
Jeff’s experience living on a lake with his family and what...
2021-11-2232 minSimplify Your RetirementS3: Episode 9 – Give, Serve, And Above All, Enjoy Life With Mark ComfortEveryone wants to go on vacation. But work often limits the amount of time you can spend away.
In this episode, Stephen Stricklin is joined by Mark Comfort, owner of Cruise Holiday and Comfort Tours & Travel. Mark dives into the third part of the Wise Wealth mission statement, the ability to be free to enjoy life, and the role of vacations within your retirement goals.
Mark discusses:
The importance of saving disposable income for retirement
Mental and physical benefits of vacation
Why retirees go on more vacations
Mark shares his favorite vacation spots
And more
Connect With Mark Comfort:
Cruise H...
2021-11-0829 minSimplify Your RetirementS3: Episode 9 – Give, Serve, And Above All, Enjoy Life With Mark ComfortEveryone wants to go on vacation. But work often limits the amount of time you can spend away.
In this episode, Stephen Stricklin is joined by Mark Comfort, owner of Cruise Holiday and Comfort Tours & Travel. Mark dives into the third part of the Wise Wealth mission statement, the ability to be free to enjoy life, and the role of vacations within your retirement goals.
Mark discusses:
The importance of saving disposable income for retirement
Mental and physical benefits of vacation
Why retirees go on more vacations
Mark shares his favorite vacation spots
A...
2021-11-0829 minSimplify Your RetirementS3: Episode 8 – How Creating A Legacy of Giving Back to Others Can Be Passed OnCreating a legacy of serving others can inspire your children and those around you to serve and give back to their community.
In this episode, Stephen Stricklin is joined by his client Bruce. Bruce is a retiree, and formerly worked at Hallmark. In his retirement he has taken up the Wise Wealth mission of serving. Bruce shares the details of his involvement with a community organization and how his father inspired him to give back to others.
Bruce discusses:
His background working for Hallmark and how he got into serving
How his father influenced his desire to serve
Why he...
2021-10-2530 minSimplify Your RetirementS3: Episode 8 – How Creating A Legacy of Giving Back to Others Can Be Passed OnCreating a legacy of serving others can inspire your children and those around you to serve and give back to their community.
In this episode, Stephen Stricklin is joined by his client Bruce. Bruce is a retiree, and formerly worked at Hallmark. In his retirement he has taken up the Wise Wealth mission of serving. Bruce shares the details of his involvement with a community organization and how his father inspired him to give back to others.
Bruce discusses:
His background working for Hallmark and how he got into serving
How his father influenced...
2021-10-2530 minSimplify Your RetirementS3: Episode 7 – How Wise Women Embodies The Mission of Wise Wealth With Samantha ComptonWomen are a notoriously underserved demographic in the financial industry, even though they are often the ones in the family who make the financial decisions.
With the Wise Wealth mission to serve in mind, Samantha Compton created Wise Women, LLC.
In this episode, Stephen Stricklin is joined by Samantha Compton of Wise Wealth and founder of Wise Women, LLC. Samantha shares the history of Wise Women and the mission for the organization. She also speaks about what serving means to her, and how she has made a personal commitment to serve.
Samantha discusses:
How the pandemic impacted her willingness to s...
2021-10-1130 minSimplify Your RetirementS3: Episode 7 – How Wise Women Embodies The Mission of Wise Wealth With Samantha ComptonWomen are a notoriously underserved demographic in the financial industry, even though they are often the ones in the family who make the financial decisions.
With the Wise Wealth mission to serve in mind, Samantha Compton created Wise Women, LLC.
In this episode, Stephen Stricklin is joined by Samantha Compton of Wise Wealth and founder of Wise Women, LLC. Samantha shares the history of Wise Women and the mission for the organization. She also speaks about what serving means to her, and how she has made a personal commitment to serve.
Samantha discusses:
2021-10-1130 minSimplify Your RetirementS3: Episode 6 – What It Means To Be Free To Serve OthersThis season Stephen talked about being free to give and spoke to several clients about what it means to give in their eyes. This episode Stephen transitions to talking about being free to serve.
In this episode, Stephen Stricklin is joined by his client Brad. Brad shares a little about himself and how he gives back to others, and is free to serve. He is chairman of the board at Children International in Kansas City, a humanitarian organization.
Brad discusses:
When he knew it was the right time to retire
How he serves both in his community and internationally
How y...
2021-09-2734 minSimplify Your RetirementS3: Episode 6 – What It Means To Be Free To Serve OthersThis season Stephen talked about being free to give and spoke to several clients about what it means to give in their eyes. This episode Stephen transitions to talking about being free to serve.
In this episode, Stephen Stricklin is joined by his client Brad. Brad shares a little about himself and how he gives back to others, and is free to serve. He is chairman of the board at Children International in Kansas City, a humanitarian organization.
Brad discusses:
When he knew it was the right time to retire
How he serves both i...
2021-09-2734 minSimplify Your RetirementS3: Episode 5 – What It Means to Give Through A Donor Advised FundIf you’re going to give, there’s a tax-efficient way to go about it, and you may as well take advantage of the smartest way to do so.
Enter: donor advised funds.
In this episode, Stephen Stricklin is joined by clients Larry and John, who each run a donor advised fund. They discuss how these funds work, and the primary advantages to giving through a donor advised fund. Larry and John share a few details about their own donor advised funds, why they were started and why they like to give.
Stephen, Larry, and John discuss:
What a donor advis...
2021-09-1331 minSimplify Your RetirementS3: Episode 5 – What It Means to Give Through A Donor Advised FundIf you’re going to give, there’s a tax-efficient way to go about it, and you may as well take advantage of the smartest way to do so.
Enter: donor advised funds.
In this episode, Stephen Stricklin is joined by clients Larry and John, who each run a donor advised fund. They discuss how these funds work, and the primary advantages to giving through a donor advised fund. Larry and John share a few details about their own donor advised funds, why they were started and why they like to give.
Stephen, Larry...
2021-09-1331 minSimplify Your RetirementS3: Episode 4 – An Introduction to Qualified Charitable Distributions & Required Minimum DistributionsThis season we want to bring on our clients and share some of their stories of giving.
In this episode, Stephen Stricklin is joined by his client Bob. Bob and his wife Charlene are one of Wise Wealth’s clients involved in charitable giving. Stephen provides an overview of how qualified charitable distributions (QCDs) and required minimum distributions (RMDs) work in relation to charitable giving. Bob shares some of his personal stories about giving and how QCDs & RMDs tie into the overall conversation.
Stephen & Bob discuss:
Individual retirement accounts (IRAs), qualified charitable distributions (QCDs), an...
2021-08-3025 minSimplify Your RetirementS3: Episode 4 – An Introduction to Qualified Charitable Distributions & Required Minimum DistributionsThis season we want to bring on our clients and share some of their stories of giving.
In this episode, Stephen Stricklin is joined by his client Bob. Bob and his wife Charlene are one of Wise Wealth’s clients involved in charitable giving. Stephen provides an overview of how qualified charitable distributions (QCDs) and required minimum distributions (RMDs) work in relation to charitable giving. Bob shares some of his personal stories about giving and how QCDs & RMDs tie into the overall conversation.
Stephen & Bob discuss:
Individual retirement accounts (IRAs), qualified charitable distributions (QCDs), and required minimum distributions (RMDs) and ho...
2021-08-3025 minSimplify Your RetirementS3: Episode 3 – What It Means To Give With Evan LangeCharitable donations have tax benefits, but that’s not the primary reason you should be generous.
In this episode, Stephen Stricklin is joined by Evan Lange, president of the Midwest Region for The Signatry. Evan shares what makes giving so great, looks at tax deductions individuals receive when they make a donation and explains what a donor advised fund is.
Evan discusses:
The primary motivation for why people give
Giving appreciated property to charitable organizations
Why you should be itemizing your deductions
Using donor advised funds
Best funds to use for Charitable Donations after age 72
How to experience the joy, peac...
2021-08-1633 minSimplify Your RetirementS3: Episode 2 – Understanding The Wise Wealth MissionWhat does it mean to be free to give, serve, and to enjoy life in retirement?
In this episode, Stephen Stricklin explores the Wise Wealth mission statement and explains each component. He shares how Wise Wealth guides people to a happy retirement and what it means to be financially significant.
Stephen discusses:
Understanding what it means to be free to give and free to serve
How the sequence of return risk can impact a happy retirement
What is the driving force behind planning for financial success
The Wise Wealth mission statement
And more
Resources:
Season 1, Episode 5
Season 2, Episode 7
Season 2, Episode 8
C...
2021-08-0229 minSimplify Your RetirementS3: Episode 2 – Understanding The Wise Wealth MissionWhat does it mean to be free to give, serve, and to enjoy life in retirement? In this episode, Stephen Stricklin explores the Wise Wealth mission statement and explains each component. He shares how Wise Wealth guides people to a happy retirement and what it means to be financially significant. Stephen discusses: Understanding what it … Continue reading S3: Episode 2 – Understanding The Wise Wealth Mission →
2021-08-0229 minSimplify Your RetirementS3: Episode 1 – Recapping Season 1 and 2Welcome to a brand-new season of Simplify Your Retirement!
In this episode, Stephen Stricklin recaps seasons 1 & 2 of Simplify Your Retirement to get you up-to-date and ready for season 3! Additionally, Paul Brock, COO for Wise Wealth is reintroduced as our new co-host. Don’t miss this first episode of our new season!
Stephen discusses:
A review of the different phases of your investment life; accumulation, preservation & distribution
Why a paradigm shift is needed between each phase and which phases have the most risk
Understanding all the challenges and risks specific to the stage of your investment life
Risks associated to each pha...
2021-07-1926 minSimplify Your RetirementS3: Episode 1 – Recapping Season 1 and 2Welcome to a brand-new season of Simplify Your Retirement! In this episode, Stephen Stricklin recaps seasons 1 & 2 of Simplify Your Retirement to get you up-to-date and ready for season 3! Additionally, Paul Brock, COO for Wise Wealth is reintroduced as our new co-host. Don’t miss this first episode of our new season! Stephen … Continue reading S3: Episode 1 – Recapping Season 1 and 2 →
2021-07-1926 minSimplify Your RetirementS2: Episode 12 – The Importance of Proper Document Implementation, Part Two – with Guest Aaron LoveSo, you’ve implemented your documents, but now what? What do you need to do with your documents to be sure that when it comes time for someone to step in, they know how to access them?
In this episode, Stephen Stricklin and Aaron Love dive into part two of the importance of planning tools! Aaron gives some insight into who you should involve with your planning and which documents will ensure that what you have planned for your future will actually happen. Aaron shares some personal stories that emphasize the importance of storing your documents correctly.
You will learn:
Way...
2021-06-0734 minSimplify Your RetirementS2: Episode 11 – The Importance of Proper Document Implementation: Part One — with Guest Aaron LoveWhen it comes to your financial documents, proper implementation can lead you to greater peace of mind. If you follow the right steps, this peace of mind is real, and not just imagined.
In part one of this two part series, Stephen Stricklin sits down with Aaron Love, founder of Love Law Group, as they dive into the importance of following the right steps to implementing your documents. Stephen and Aaron speak on how to make sure your intentions are known and carried out as you desire.
In this episode, you will learn:
What causes Trust planning to fail
How t...
2021-05-2435 minSimplify Your RetirementS2: Episode 10 – Investment Advice from a Chartered Financial Analyst – with Guest Ben MalickWhat goes into creating a good investment portfolio? How should you be comparing the investments you want to make? What are the risks?
We can help you answer all of these questions!
In this episode, Stephen Stricklin is joined with Ben Malik, vice president of Wise Wealth, as they talk about Ben’s experience with investing and the advice he has to offer. Ben walks us through the most important things you need to know about investing before you get into it.
We discuss:
The significance of the CFA designation and how Ben uses his to manage investment portfolios
Building an op...
2021-05-1035 minSimplify Your RetirementS2: Episode 9 – The Risks in the Three Phases of Investing — with Guest Samantha ComptonThere are always things that could derail your financial plans, however, there are things you can be doing to avoid that from happening.
In this episode, Stephen Stricklin is joined by Samantha Compton, financial advisor at Wise Wealth, as they discuss the risks involved throughout the three phases of investing. Stephen and Samantha provide you with solutions that you should be putting into place now so you are not surprised by anything in the future.
We discuss:
Learn what Samantha’s role is at Wise Wealth and her areas of expertise
Identifying the three phases of investing, and understanding what phas...
2021-04-2633 minSimplify Your RetirementS2: Episode 9 – The Risks in the Three Phases of Investing — with Guest Samantha ComptonThere are always things that could derail your financial plans, however, there are things you can be doing to avoid that from happening. In this episode, Stephen Stricklin is joined by Samantha Compton, financial advisor at Wise Wealth, as they discuss the risks involved throughout the three phases of investing. Stephen and Samantha provide you … Continue reading S2: Episode 9 – The Risks in the Three Phases of Investing — with Guest Samantha Compton →
2021-04-2633 minSimplify Your RetirementS2: Episode 8 – Seven Steps to Retirement Security, Part Two – with Guest Tom HegnaFollowing the steps that we outline in this podcast will help you retire happier.
How?
In this episode, Stephen Stricklin sits down with Tom Hegna, an international economist, as they continue their conversation about Tom’s seven-step process to retire not just comfortable, but happy. Tom shares the last 3 steps of this process and provides insight into his own personal use of them!
In this episode, we discuss:
What notable PhDs say about guaranteed income & happiness
Why you need to focus on planning for long-term care
How to use your home equity wisely
The investment vehicle that can provide tax bene...
2021-04-1229 minSimplify Your RetirementS2: Episode 7 – Seven Steps to Retirement Security, Part One – with Guest Tom HegnaFollowing the steps that we outline in this podcast can actually lead you to retiring happier.
How?
In part one of this two-part series, Stephen Stricklin sits down with Tom Hegna, international economist, and author, as they begin to dissect the first four steps of Tom’s seven-step process! Tom shares how he uses this process for himself and advises you about why it is beneficial in leading to better retirement security.
In this episode, you will learn:
The key to happiness & longevity in retirement
How to get the most for the least in retirement
What is a hybrid retirement?
Why...
2021-03-2931 minSimplify Your RetirementS2: Episode 6 – Surviving the Distribution Phase – with Guest Waldean WallSome of the most important decisions you will make about retirement actually come when you are retired.
In this episode, Stephen Stricklin is joined with Waldean Wall, VP of Advanced Markets and Solutions at Allianz Life Insurance, as they dive into conversations about what planning looks like in the distribution phase. They aim to provide you with information that could help you make better informed decisions when it comes time to retire.
In this episode, you will learn:
The difference between a withdrawal and a rollover
The advantages and disadvantages to leaving money in a 401(k)
What inservice distributions are
Taxatio...
2021-03-1538 minSimplify Your RetirementS2: Episode 5 – Inflation Rates Impacting RetirementMany times, people can forget to plan for inflation rates when it comes to retirement planning. In this episode, Stephen Stricklin dives into the topic of inflation rates and how they might sneak up on you when you retire. Stephen offers some insights of things you should be thinking about and how you can work … Continue reading S2: Episode 5 – Inflation Rates Impacting Retirement →
2021-03-0125 minSimplify Your RetirementS2: Episode 5 – Inflation Rates Impacting RetirementMany times, people can forget to plan for inflation rates when it comes to retirement planning.
In this episode, Stephen Stricklin dives into the topic of inflation rates and how they might sneak up on you when you retire. Stephen offers some insights of things you should be thinking about and how you can work towards your retirement goals with inflation in mind.
In this episode, you will learn:
How inflation works and what it looks like
Why is senior CPI is higher
Ways to mitigate the effects of inflation
What you can do now and in retirement to keep up wit...
2021-03-0125 minSimplify Your RetirementS2: Episode 4 – A Look at Medicare – With Guest Paul BrockWe often hear the same questions from clients when it comes to Medicare and Medicare planning. We are here to help you answer some of these questions.
In this episode, Stephen Stricklin is joined by Wise Wealth’s Paul Brock as they answer some of the most common things they hear from clients regarding Medicare, and aim to provide you with the information you need to reach your retirement goals.
In this episode, you will learn:
Two options you have when it comes to Medicare
When you are able to change your Medicare plan and how it works
The age at w...
2021-02-1534 minSimplify Your RetirementS2: Episode 3 – The Ins and Outs of Social Security – with Guest Larry KotlikoffMany people have burning questions about Social Security but don’t know where to go to find the answers.
In this episode, Stephen Stricklin is joined by Larry Kotlikoff, professor of economics at Boston University, and expert on all things Social Security, as they dive into some common questions around Social Security benefits to help you feel a little more prepared when planning for retirement.
In this episode, you will learn:
Details of Social Security in relation to retirement age
The difference between spousal benefits and survivor benefits
What it would look like to go back to work after getting Soci...
2021-02-0136 minSimplify Your RetirementS2: Episode 2 – The Ultimate Guide To DiversificationAre you looking for a long-term strategy that is both effective and valuable for your portfolio?
Your answer is diversification!
In this episode, Stephen Stricklin talks about diversification. He shares his expertise on what diversification is, what it isn't, why it's valuable and why it's important to have a diversified portfolio.
In this episode, you will learn:
What diversification is and how it works
Why diversification is valuable
When you should diversify outside of your account with your financial advisor
How consolidation can improve diversification
Other than investments, where else you should diversify
And more!
Tune in now to learn mo...
2021-01-1831 minSimplify Your RetirementS2: Episode 1 – The Enemy of Progress is ProcrastinationSuccess comes from activity, not from analysis. Procrastination is one of the biggest reasons why people don’t move forward, rather maintaining the status quo, doing the same thing they’ve always done with the same results.
In this episode, Stephen Stricklin discusses how procrastination can hold you back from reaching your full potential when it comes to financial planning. He shares how listeners can overcome procrastination through examples and insights he has gained through his experience.
In this episode, you will learn:
How the fear of change stops growth
What stops clients from moving forward or making effective decisions
How c...
2021-01-0429 minSimplify Your RetirementS1: Episode 12 – How to Choose the Right Financial Advisor for YouChoosing the right financial advisor for you and your needs is key to developing your most effective plan. But how do you know who the right advisor is for you? What makes the different types of advisors different?
In this episode, Stephen Stricklin dives into the importance of choosing the right financial advisor for you. He provides a full overview of the various types of advisors, the variety of licenses, their standards and how they get paid.
The CERTIFIED FINANCIAL PLANNER™ designation is one of the most esteemed due to the stringent requirements including experience, education, ethics, on-going training and act...
2020-12-2831 minSimplify Your RetirementS1: Episode 11 – Protecting Your Retirement PlanIn typical retirement planning, your plan is designed to work for you until you either become incapacitated, or you pass away. But there are a few things that you can do to protect yourself and your legacy in the event that either of these things happen to you.
In this episode, Stephen Stricklin addresses how to protect your retirement plan in the event of you becoming incapacitated during retirement or you pass away. He dives into the process of protecting your wealth and the importance of leaving a message for your loved ones to protect your legacy.
In this episode, yo...
2020-12-2130 minSimplify Your RetirementS1: Episode 10 – The Bucket Approach to Financial Planning – Part 3Once you have your specified amount set aside for emergencies and your income planned for retirement, what do you do with the rest of your money?
In part three of this mini-series, Stephen Stricklin reveals the third bucket, diving into the role the growth bucket plays within your financial plan and in relation to the other buckets. He reveals the importance of investing based on your goals and the benefits gained after retirement.
In this episode, you will learn:
The role of the growth bucket
How the growth bucket works with the other buckets
The benefits of growing your growth...
2020-12-1429 minSimplify Your RetirementS1: Episode 9 – The Bucket Approach to Financial Planning – Part 2Planning for retirement requires knowledge of what you will need, and when you’ll need it. Do you really know how much your retirement will cost?
In part two of this mini-series, Stephen Stricklin dives deep into the income bucket. He reveals the role it plays in retirement planning and how it works in relation to the other buckets. Discover the importance of planning when you will retire and how much retirement will cost.
In this episode, you will learn:
The role of the income bucket
The importance of having a retirement timeline
The benefits of an annuity
The limitation of...
2020-12-0731 minSimplify Your RetirementS1: Episode 8 – The Bucket Approach to Financial Planning – Part 1One of the most common pieces of financial advice is that it’s important to diversify your portfolio. But did you know that there is a specific way that you should be strategically allocating funds when it comes to retirement income planning?
In the first part of this three-part series, Stephen Stricklin reveals the three-bucket approach to retirement income planning. Stephen provides a holistic view of the approach, and dives into the first bucket, discussing the importance of liquid assets for planned and unplanned expenses.
In this episode, you will learn:
The basics of the bucket approach
When you should be...
2020-11-3026 minSimplify Your RetirementS1: Episode 7- The Five Principles Of Retirement Income PlanningFinancial planning products and methods can only benefit you if they have a solid foundation. By building a foundation of knowledge of the principles of retirement income planning, you are able to guide your decision-making when it comes to planning for your future.
In this episode, Stephen Stricklin dives into the importance of the five principles of retirement income planning, discussing how they should guide your financial decisions and the benefits they provide.
In this episode, you will learn:
Five principles for retirement planning
The importance of building upon principles
Three unknowns in life that can be difficult to plan f...
2020-11-2328 minSimplify Your RetirementS1: Episode 6 – Human Bias In InvestingIt can be hard to look beyond our personal biases. But how does bias impact our investment choices?
In this episode, Stephen Stricklin dives into human bias and more importantly, investor behavior bias. Discover how personal bias can impact investment choices and reactions to the stock market.
In this episode, you will learn:
The relationship between human behavior and investing
The difference between past market crashes and the current investor reactions
How human bias can impact your portfolio
What you should be doing during market volatility
And more!
Tune in now and learn more about investor behavior bias!
Resources: Wise W...
2020-11-1631 minSimplify Your RetirementS1: Episode 5 – The Impact Of Market Volatility On Retirement PlansMarket volatility is a natural occurrence, one that can increase in risk the closer you are to retirement.
In this episode of Simplify Your Retirement, Stephen Stricklin speaks about market volatility, different phases of investing and how volatility can impact your investments.
In this episode, you will learn:
The three phases of investing
How your retirement timeline relates to market volatility
The importance of remaining true to your financial plan
What the real rate of return is on your investments
And more!
Learn more about market volatility and the risks associated with retirement planning!
Resources: Wise Wealth
2020-11-0930 minSimplify Your RetirementS1: Episode 4 – Don’t Let Your Portfolio Take a HITHave you taken healthcare costs or inflation into account when planning for retirement?
In this episode of Simplify Your Retirement, Stephen Stricklin discusses the three aspects of retirement you need to plan for — healthcare, inflation and taxes. He shares the importance of understanding the price of healthcare in retirement, how inflation could impact your budget and why you need to review risks.
In this episode, you will learn:
What medical care costs in retirement
How long-term care can impact the cost of your retirement
Why your plan has to address inflation
The importance of understanding risks
And more!
Tune in to...
2020-11-0231 minSimplify Your RetirementS1: Episode 3 – Creating an Effective Retirement PlanHave you thought of everything that could impact your retirement plan?
In this episode of Simplify Your Retirement, Stephen Stricklin reveals the various factors that can impact your retirement plan. Discover the importance of including medical care costs, taxes and longevity in your plan, and the benefit of creating goals to guide it.
In this episode, you will learn:
The 3 steps you must follow when creating a retirement plan
The importance of factoring in health care costs
How taxes may impact retirement distributions
The impact of longevity in your plan
And more!
Listen now as Stephen Stricklin reveals factors you...
2020-10-2631 minSimplify Your RetirementS1: Episode 2- Becoming a Client From Start to FinishStarting a new financial plan with a new company doesn’t need to be complicated. It can (and should) be simple and efficient.
In this episode of Simplify Your Retirement, Stephen Stricklin explains the client on-boarding process at Wise Wealth from start to finish.
In this episode, you will learn:
The four steps of the WISE process
What a client’s first meeting with Wise Wealth would look like
The importance of creating a plan and setting goals
The importance of keeping goals in mind
The ongoing education provided by Wise Wealth
And more!
Discover the Wise Wealth on-boarding process!
Resou...
2020-10-1930 minSimplify Your RetirementS1: Episode 1 – Get to Know Stephen StricklinFor some, entering the financial services industry is more than a job, it is a calling. This was the case for Wise Wealth’s Stephen Stricklin! In this inaugural episode of Simplify Your Retirement, get to know Stephen as he introduces himself personally and professionally. He shares who he is as an advisor and as a … Continue reading S1: Episode 1 – Get to Know Stephen Stricklin →
2020-10-0932 minSimplify Your RetirementS1: Episode 1 – Get to Know Stephen StricklinFor some, entering the financial services industry is more than a job, it is a calling. This was the case for Wise Wealth’s Stephen Stricklin!
In this inaugural episode of Simplify Your Retirement, get to know Stephen as he introduces himself personally and professionally. He shares who he is as an advisor and as a person,
In this episode, you will learn:
Stephen’s ideal client
The contributions Wise Wealth makes to the community
Stephen’s financial philosophy
Who Stephen is outside of the office
And more!
Tune in now to get to know Wise Wealth’s Stephen Stricklin!
Resources...
2020-10-0932 min