Are you nearing retirement and wondering if you should pay off your mortgage first? Is downsizing or relocating a good idea upon retirement?Nick Russell and Becky Wagoner discuss the mortgage question in retirement. They explore whether it's a good idea to pay off a mortgage before retirement and the factors to consider when making this decision. They also discuss downsizing and relocating in retirement and the financial implications of these choices.Nick and Becky discuss: Is paying off...
Oct 10, 2024
28 min
Saving for your kid’s college doesn’t have to mean sacrificing your own financial security.Nick Russell and Becky Wagoner explore the ins and outs of 529 plans, the versatile college savings vehicles that can do so much more than just cover tuition fees. From understanding the tax advantages to exploring the flexibility and contributions limits, Nick and Becky break down everything you need to know about these financial tools. Nick and Becky discuss: The fundamentals of 529 plans an...
Sep 25, 2024
31 min
Ever wonder who controls the rise and fall of interest rates and how it impacts your financial life? Join Nick and Becky as they delve into the role of the Federal Reserve and explain what happens when interest rates go up or down. Discover how these changes can affect everything from your mortgage to your retirement portfolio. Gain insightful tips on how to navigate the shifting landscape of interest rates to better plan for your financial future.Nick and Becky discuss: Who is the ...
Sep 11, 2024
28 min
Have you ever wondered how you'll introduce yourself once you retire? Nick Russell and Becky Wagoner explore the often-overlooked challenge of identity after leaving the workforce. Tune in to hear Becky’s personal experiences and get tips on how to craft a new, meaningful self-description that doesn’t rely on your job title. Nick and Becky discuss: The importance of redefining personal identity post-retirementBecky’s humorous attempts at inventing job titlesStrategies to introd...
Aug 28, 2024
23 min
One of the biggest concerns when it comes to retirement is finding something to replace the time you would be spending working. The question "What are you going to do with all that free time once you retire?" seems to always creep up. We aim to answer this question and more! Join in the conversation as Nick and Becky guide you through discovering multiple hobbies that can bring joy, fulfillment, and even improve your overall happiness in retirement!Transitioning from a busy work sch...
Aug 14, 2024
31 min
Think you can just 'set it and forget it' with your retirement plans? Think again! Nick Russell and Becky Wagoner dive into the key factors that impact your investment returns, using relatable and amusing analogies to demystify financial concepts. They discuss how to manage investment risk, the difference between asset allocation and diversification, and why regular reviews are essential for financial success. Nick and Becky touch on: Understanding risk management in your retir...
Jul 24, 2024
27 min
Are your savings smartly diversified to beat the tax man in retirement?Nick Russell and Becky Wagoner delve into the intricacies of taxes and retirement savings, breaking down the 'tax triangle' to shed light on how different tax treatments affect your investments. Their easy-to-understand explanations aim to make a complex topic more approachable, ensuring you're better prepared for your financial future.Nick and Becky discuss: Tax-deferred accounts and their impact on retirement saving...
Jul 10, 2024
23 min
Did you know that over 60% of people don't understand the differences between various retirement accounts? Are you ready to decipher the mysteries of retirement accounts and take control of your financial future?Nick Russell and Becky Wagoner dive deep into the essential topic of financial literacy in retirement planning. Get ready to untangle the complexities of products like 401(k)s, IRAs, and Roth IRAs, as they break down how these accounts work, the importance of employer matches, and com...
Jun 26, 2024
35 min
How much are you spending on eating out and “treats”? If you add up the miscellaneous costs, would it equal less than your monthly pay?Nick Russell and Becky Wagoner explore the art of tracking your spending habits. They reveal how this simple act can uncover surprising truths about your financial health and pave the way for a firmer grip on your future finances. Nick and Becky discuss: The difference between tracking and budgeting your expensesReal-life examples of how small, every...
Jun 12, 2024
28 min
Are you feeling lost in the maze of your finances and dreaming about retirement? Imagine how changing one small habit could transform your financial future.Nick Russell and Becky Wagoner dive deep to unravel the secrets of mindful spending and its pivotal role in shaping your retirement dreams. Whether it's about setting a budget or the nuances of tracking daily expenditures, this conversation is a ladder to financial clarity.Nick and Becky discuss: The importance of tracking your spendi...
Jun 12, 2024
34 min
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