Are You Ready For Your RMD?

FromInvesting Sense™

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Are You Ready For Your RMD?

FromInvesting Sense™

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Length:

20 minutes

Released:

Sep 10, 2016

Format:

Podcast episode

Description

In this week’s show, Andy and Bob talk with Denny Smith about the importance of having a strategy for spending in retirement, which is

particularly important given that this year, the oldest of the baby boomer generation will turn 70 ½ and will need to start taking Required Minimum Distributions

(RMDs).

Released:

Sep 10, 2016

Format:

Podcast episode

Titles in the series (100)

What happens when a CERTIFIED FINANCIAL PLANNER™ professional and an everyday investor sit down each week to talk about how to better understand today’s financial and retirement landscape? Investing Sense!

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Starting Up Your 401(k): Andy and Bob talk with Phil Reiff about how to get started with your 401(k) if you’re not currently enrolled or are beginning a new job. by Investing Sense™
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The 411 on 401(k)s: Larry Raffone discusses how the 401(k) has evolved over the years and adjustments you can make to optimize your 401(k). by Investing Sense™
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What Trump’s fiduciary memo really means: Andy and Bob discuss the recent memorandum issued by President Trump asking for a re-examination of the conflict of interest/fiduciary rule. by Investing Sense™
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Avoiding Emotional Investing: John Bunch, president of Financial Engines advisors, discusses ways to keep your emotions from getting in the way of investment decisions. by Investing Sense™
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All About the S and P 500 on Investing Sense: Andy and Bob talk with Christopher Jones about how the S 500 works, how it’s changing and why it may not be the best benchmark for you. by Investing Sense™
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Minding the Markets: Chris Bouffard reflects on market activity so far this year and discusses what to expect in the remaining months of the year. by Investing Sense™
20 min listen
Fiduciary Rule Follow-Up: Christopher Jones provides an update on the Department of Labor fiduciary rule, including the changes that it’s already brought about. by Investing Sense™
20 min listen
A Look Forward and Backward: Andy and Bob review 2016 market activity and what listeners can learn from it. by Investing Sense™
20 min listen
The Pension Tsunami: Some pension funds are starting to show signs of trouble; Andy and Bob discuss how these guaranteed funds may not be so “guaranteed” anymore. Also, the costliest miscalculation people make with their 1099! by Investing Sense™
20 min listen
Trump’s impact on markets: Andy and Bob talk about the impact President Trump has been having on markets, particularly through his messages on Twitter, and what it means for everyday investors. by Investing Sense™
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A New Hope vs. A New Plan: The average cost of retirement is 2.5 times the cost of your house, or 9 times the cost of college! How can one rely on more than hope to reach their retirement goals? Plus, Andy gives some insight on the biggest threat to retirement plans. by Investing Sense™
20 min listen
A Tap On the Shoulder: The first rate hike of 2017: A discussion of the first interest rate hike of 2017 that was recently announced, including the reasons why it happened, and what we should be doing in the weeks and months ahead. Plus, retirement in the famous Margaritaville! by Investing Sense™
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Preparing for Political Change: John Bunch discusses how investors can manage their reaction to upcoming political changes. by Investing Sense™
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Managing Medicare Open Enrollment: Bob and Andy talk with an expert about how to get the Medicare coverage you need without paying more than you should. by Investing Sense™
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No Pain, No Gain: Happy 8th Anniversary to the Bull Market: To commemorate the second-longest bull market in history, Bob and Andy re-live some of the painful investing moments along the way. Also, expert John Diehl shares MIT AgeLab research on how technology will add life to our retirement years. by Investing Sense™
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What to Learn From 2016’s Worst Advisor: John Bunch talks about one of the worst advisors of 2016 and what listeners can learn from how he mistreated his clients. by Investing Sense™
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Fixing Financial Illiteracy: 60% of Americans have only a moderate to low financial literacy – find out here what steps we can take to change that. by Investing Sense™
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Understanding the Fed funds rate: Chris Bouffard talks about the Fed’s decision to raise interest rates and what it means for listeners. by Investing Sense™
20 min listen
Debunking 401(k) myths: Phil Reiff exposes 401(k) myths and action steps to take in order to avoid following them. by Investing Sense™
20 min listen
Are You Ready For Your RMD?: In this week’s show, Andy and Bob talk with Denny Smith about the importance of having a strategy for spending in retirement. by Investing Sense™
20 min listen
Presidential Election Primer: JT Taylor, chief political strategist of Hedgeye Potomac Research, provides a nonpartisan update on the presidential election campaign. by Investing Sense™
20 min listen
Changes to Social Security and Medicare Benefits in 2017: Andy and Bob discuss changes to retirement benefits happening in 2017 that listeners need to know about. by Investing Sense™
20 min listen
FOMO investing mistakes: Bob and Andy discuss three major investment mistakes we make with our portfolio when we have a “fear of missing out (FOMO).” by Investing Sense™
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When is your age NOT your age?: Your “biological age” is NOT necessarily the same as your “chronological age”, and this difference can have a huge effect on your retirement plan! Plus, Andy dives into some economic indicators for springtime. by Investing Sense™
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Better than just flowers: Taking care of mom in retirement: Happy Mother’s Day! Don’t forget to buy flowers for your mom this weekend, but a secure retirement is an even better gift. Bob and Andy talk about taking steps to help with your loved ones’ financial future. Also, political strategist JT Taylor joins the show to talk about the current huge topics in Washington. by Investing Sense™
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High Times and Smokin' Stocks: Investing in marijuana stocks is a blazing hot topic. Bob and Andy dive into this controversial emerging industry and discuss whether it’s a valid investment opportunity or just blowing smoke. Also, a look at Trump’s first 100 days and his just-released tax plan. by Investing Sense™
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The Tale of Two Funds: Andy and Bob tell the tale of two mutual funds and explain why the quality of financial advice matters. Plus, some special Investing Sense Oscar awards! by Investing Sense™
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Top Financial Topics: Andy and Bob highlight some of the top interviews with their panel of experts. by Investing Sense™
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Amazon Disrupts Again: What the Whole Foods Acquisition Really Means: Happy birthday, America! Celebrate the 4th of July with Andy and Bob as they tell the story behind the story of the Amazon.com (AMZN) acquisition of Whole Foods (WFM). Andy shares 7 of his must-watch American movies over the holiday. Plus, get the lowdown on high healthcare costs from Medicare expert Diane Daniels. by Investing Sense™
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Friends Don't Let Friends Time the Market: The guys give us an update on the Department of Labor Fiduciary Rule. Also, history shows that investors are unable to time the market, but still do it, therefore missing out on returns. Andy helps save us from this bad behavior. Plus, special guest author Scott Sonenshein talks to the guys about how his new book, Stretch, can apply to investing. by Investing Sense™
20 min listen

More Episodes from Investing Sense™

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The more things change, the more they stay the same: How to adapt, protect, and preserve your retirement savings.: As soon as we got used to all-time highs in the markets almost every single week, now we’re once again fighting a familiar foe: market volatility. Bob and Andy discuss the always-changing market conditions, and the importance of having a personalized, long-term financial plan. The one thing that’s still the same, however, is this can’t happen until you simply get started, and they offer a way for you to do that RIGHT now! by Investing Sense™
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All eyes on Capitol Hill: What's next from Washington?: Today’s show is full of in-depth conversations as two of our favorite guests stop by! First, Andy sits down with JT Taylor, who gives his unfiltered, insider’s perspective on the world of politics, including the after effect of the Kavanaugh hearing and the midterm elections. Then, Don Luskin joins in, to discuss his unique perspective on interest rates, the trade wars, and more! by Investing Sense™
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Climbing the charts: Barron's financial advisor rankings: The Barron’s list of the top independent financial advisors was recently released, and there’s a familiar name that made its debut ranking! Bob and Andy talk about how the growth of this list mirrors the growth and changes in the industry and how it’s good news for investors and clients. Also, Don Luskin joins the show to give his valuable perspective and insights on the current big stories in the financial world, including the latest on the Fed and interest rates. by Investing Sense™
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I’d like to buy the world a COLA: Social Security’s annual Cost of Living Adjustment: As autumn colors unfold and the calendar flips to October, many people look forward to upcoming holidays, college football and the World Series, or simpler pleasures like cooler weather. Buried in the busyness of the season is an important announcement from the Social Security Administration: the annual Cost of Living Adjustment. It’s estimated to be the largest increase in recent years, so Bob and Andy take a look at how it could impact retirees. Plus, Bill Tracy is in-studio to talk about the rate hike, and his outlook on the 4th quarter. by Investing Sense™
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Where there is uncertainty, there is opportunity!: The markets are moving fast, surging to new all-time highs again this week. But uncertainty is also on the rise, with news about interest rate hikes, talks about trade wars, and so many other political and social issues heating up. So, how can smart investors turn these variables into opportunities? Bob and Andy have an easy course of action to take RIGHT now, to get much-needed clarity and focus. by Investing Sense™
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Investors behaving badly: What is loss aversion anyway?: Bob and Andy explore one of the ways that investors could be accidentally hurting themselves: loss aversion. Recalling their conversation with Dan Ariely, a leading expert on psychology and finance, this is just one example of irrational investor behavior. Plus, a caller asks a frustrated, yet important question: Why pay fees for bad investment advice? by Investing Sense™
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Myth of the retirement fairy: Learning how to retire: Andy continues his series of talking with recent retirees about achieving the goal of retirement. Today, Bob, who is a long-time family friend, opens up and shares some of the hardest lessons he learned while transitioning into retirement and growing older. Plus, Senior Analyst Bill Tracy is back to talk about the latest trends from the Financial Engines Research Center, including a forecast for a sector “shake-up” and other events making for a busy September! by Investing Sense™
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Ripe for recency bias: Don’t be a performance chaser!: Happy Labor Day weekend! Small cap stocks have been leading the way over the summer, rising just like the temperatures, and once again reaching all-time highs. Strong runs like these are ripe for recency bias, as it’s tempting for investors to only look at the most recent past when considering an investment. Bob and Andy break down why it’s all about diversification and asset allocation! Also, special guests Rick and Joyce sit down with Andy to share their story about achieving retirement. by Investing Sense™
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Success leaves footprints: Navigating the journey to retirement: Andy continues his series of sitting down with friends who have recently retired, sharing how they navigated their journey and what they’ve learned along the way. These conversations fit right in with the many questions, calls and emails this week: from the impact supplemental income could have on Social Security benefits, to the idea of using retirement savings to help pay for long-term health care. Plus, Bill Tracy is in-studio to shed more light on recent changes to client portfolios. by Investing Sense™
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Learning by example: The fall of Facebook stock: Facebook recently endured the largest single-day loss of market value by any company in the history of the market. It was quite a news story, and a great example of the many stresses involved in retirement planning. Plus, Bob and Andy dive into the ever-growing email inbox and loads of listener questions, with plenty more lessons to be learned from each other! by Investing Sense™
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Are investors warming to stocks despite chilling headlines?: The temperature isn’t the only thing rising this summer. So are stocks! Despite perceived fears over a trade war with China and the crazy political climate in the U.S., as Andy explains, the stock market just keeps pushing higher. Friends Bill Tracy and Don Luskin join the guys this week for deep discussions on these stories and other trends unfolding across the markets and economy. Plus, Andy helps a caller with a question about finding her right Social Security claiming strategy. by Investing Sense™
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Here's to your healthcare: Amazon shakes up the sector: Amazon is probably the grand-daddy of disruptors, and they continue to do so in the healthcare sector with their recent acquisition of Pill Pack. Bob and Andy discuss how this could affect both small-cap AND health care, two big themes on the show this year. Also, Olympian and author Alex Allred joins the show to talk about taking care of aging parents. Plus, is elderly identity theft a new public health crisis, and what can we do about it? by Investing Sense™
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The times they are a-changin’: GE out of the Dow Jones: Bob is feeling a little melancholy over the news of GE getting kicked out of the Dow Jones Industrials. After all, the stock has been one of the Dow 30 for over 100 years, and represents more old-school, industrial American business. However, there are plenty of new-school, emerging sectors that are leading the economy forward. Plus, as we’ve reached the mid-way point of the year, Andy breaks down the second-quarter and year-to-date market performance…with charts! by Investing Sense™
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Dog days of summer: Questions, Calls, and Conversations: Bob and Andy tackle email and caller questions, covering topics from the complex ways to take pensions, whether or not to move money from investments to help with home improvements or paying off debt, to a portfolio review for a 100-year-old mother-in-law. Plus, a conversation with writer and Social Security claiming strategy expert Mary Beth Franklin, who offers important insights and advice to help maximize your benefits. by Investing Sense™
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Money on the table: The real impact of your 401(k): Investing Sense celebrated our 300th show a few weeks ago, and over the years, so many listeners and callers asked: ”How can I get started saving for retirement?” Andy’s most common answer: “Max out your 401(k)!” But there are some common, costly mistakes that many Americans are making and could result in leaving $10,000’s on the table! The guys reveal an easy step to take in making sure YOU aren’t making these same mistakes. by Investing Sense™
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Are You Ready For Your RMD?

Are You Ready For Your RMD?

Description

Titles in the series (100)

More Episodes from Investing Sense™

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