Your Financial Mission

Whether in retirement or behind the wheel, it’s good to have a plan and a pulse on what is happening around you. Knowing the rules, the technology, and your motivation all plays a part in the route you take with your retirement planning. In this episode, J’Neanne covers a few different topics happening in the news, such as self-driving cars. Then, she answers three questions from the mailbag, including one from someone with a lack of drive to leave a legacy. See the show notes and read more here. ----more---- Check out the full rundown for this episode: 3:32 – In the News: Ford plans to have 100 self-driving cars by this year. 8:31 – Regardless of new technology, financial advisors are still important. 13:05 – In the News: Congress is working on a bill to raise RMD age. 15:57 – Mailbag: Estate planning without plans to leave a legacy. 19:38 – Mailbag: Are all long-term care policies expensive? 22:35 – Mailbag: Having a hard time spending money in retirement, is something wrong?

There are plenty of proverbs that aren’t meant to be about money, but we can easily learn a financial lesson from them anyway. We’ll show you the hidden money meanings behind some of these popular sayings and answer a question from the mailbag about changing annuities. Full show notes: https://theuswealthadvisors.com/2019/07/what-popular-proverbs-teach-us-about-money/ ----more---- Strategy Points:   In The News 1:51 Investing in IPOs Several tech companies have gone public (or they will be) including Uber, Peloton, Pinterest, and Zoom. Do you recommend people invest in IPOs? J’Neanne says generally no because there are a lot of unknowns. If you look at Facebook and Amazon, they are not really profitable, but they have high revenue. Unless you are working in the company and have company stock, you are gambling and speculating and that’s not usually the prudent choice to make with your retirement dollars. Financial Proverbs 8:00 “A bird in the hand is worth two in the bush.” The idea of this proverb is

The term “fake news” has become synonymous with the political climate of the past few years. But the phenomenon has spread to other parts of our culture as well. What about fake news in the financial space? We’ll look at some recent news headlines to see if they qualify to be labeled as “fake news”. Full show notes: https://theuswealthadvisors.com/2019/06/how-fake-news-impacts-your-financial-choices ----more---- Strategy Points: 2:00 In the News: Brexit Will Brexit impact our economy in the U.S.? J’Neanne shares a few reasons why people are in favor of Brexit. You might get a spike up or down in the market, but the decisions will pan out and likely not affect the U.S. economy significantly. 7:15 What is fake news? It’s easy to use hyperbolic language to create a sense of fear. The news makes you move, one way or another. 8:40 “Social Security going broke!” Somewhat true in that it will be insolvent by 2035. Congress will have to find a way to continue benefits. With more people taking Soc

Today's Mission: Indecision can be just as dangerous as making the wrong decision. That’s why sometimes you have to decide when to fish or when to cut bait. J’Neanne will walk us through five holdups that might stall your financial decisions. We also answer a listener question about rental properties. View the full show notes here: https://theuswealthadvisors.com/2019/06/5-holdups-stalling-your-financial-decisions   Strategy Points: 6:16 Too Many Decisions to Make If you don’t feel comfortable with what you are trying to do, you need to sit down with a professional to discuss retirement planning. There are a lot of different philosophies on how to build your retirement strategy. Instead of “right” decisions, there are often better and more economical decisions. The laws change, the opportunities change, your life changes. You have to have some flexibility. 10:00 Too Much Research Becoming overly educated on so many different decisions can cause you to feel overwhelmed. Doing too much resear

What do Kohl’s, Disney, and McDonald’s have in common? They're all making headlines as they roll out new business plans. J’Neanne talks about how their plans could affect you as an investor. Then, love is in the air with today’s question from the mailbag...but is debt hovering as well?  For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/05/in-the-news-business-plans-and-a-bride-to-be/

There’s a buzzword in the financial world called “safe money”, but it has many definitions . Everyone wants their money to be safe to a certain extent, but you need to balance risk and safety in your portfolio. Theres also a lot of misinformation out there, so J’Neanne shares everything you need to know about safe money. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/05/what-is-safe-money/

Are you wondering if it’s “safe” to retire? What kind of factors should you consider beforehand? In looking at your lifestyle and preparing you for some of the unknowns, J’Neanne gives some pointers on how to know when you’re ready to retire. She then talks tax reform as we put Tax Day 2019 behind us. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/04/when-is-it-safe-to-retire/

Today we’re tackling five financial pain points you will likely face--if not now, then in the future. Do you know how you plan to address these in your life? Then, we’ll talk about J’Neanne’s thoughts on taxing the rich and saving for college. Visit https://theuswealthadvisors.com/2019/04/5-common-pain-points-in-your-financial-life/ for the full blog post, show notes and links to resources related to this episode.

Everyone has a junk drawer somewhere full of odds and ends. We’ll talk about the six financial things you probably have sitting in a drawer somewhere as well and what you need to do to dust them off and make sure they're put to use. Then, J’Neanne talks about student loans and the ripple effect they have in the financial world. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/03/6-things-wasting-away-in-your-financial-junk-drawer/

On this all-mailbag edition of the podcast, learn how your Social Security will be taxed. We'll also explore how cash settlements and inheritances could change your retirement. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/03/understanding-your-social-security-taxation/

We have more information at our fingertips than ever before. However, too much information can hinder our financial decision-making abilities. J'Neanne explains. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/02/episode-61-when-too-much-information-is-too-much/

If you've overcomplicated your retirement plan, then you need to hear this podcast. Discover the dangers of unnecessarily complicating your finances. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/02/episode-60-unnecessarily-overcomplicated-planning/

When it comes to making financial decisions, your choices aren't always black and white. In fact, there's usually a lot of gray area. J'Neanne explains. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/01/episode-59-50-shades-of-gray-area/

Risk tolerance is a buzzword you've probably heard, but it's important to understand what it means to you. Discover your level of risk tolerance. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2019/01/episode-58-risk-tolerance/

J'Neanne tells us about a time she met with someone who had strong but wrong beliefs on a particular topic in the financial realm. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/12/episode-57-strong-beliefs-weak-foundations/

Most people think their advisors pick investments, but that's only a small part of the job. In reality, financial advising is problem solving. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/12/episode-56-problem-solving-advising/

We explore a Wall Street Journal article connecting the dots between steak dinners and annuity sales. J'Neanne explains and offers a different strategy. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/11/episode-55-steak-dinners-fiduciaries/

Hidden expenses are lurking in your retirement plan even if you can't see them. Join us as we uncover five important areas where you'll find hidden costs. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/11/episode-54-hidden-expenses/

Strategize the best use for your qualified retirement accounts as we take your questions on IRAs and 401(k)s. Learn about rollovers and IRA consolidation. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/10/episode-53-iras-401ks/

J'Neanne helps us unpack recent headlines on gold, unemployment, and the national debt. We'll learn whether the news will affect your finances. For J'Neanne's Retirement Rescue Toolkit, go to: http://theuswealthadvisors.com/shock/ To read more on J'Neanne's blog, go to: https://theuswealthadvisors.com/2018/10/episode-52-recent-financial-headlines/