Retirement Elevated Podcast with Sean Lee

New Year’s Financial Checklist

What things should you be focusing on in 2022? We talk through a checklist of financial things to focus on in the new year.

 

What we discuss: 

1:23 - Adjust tax withholdings.

3:43 - Assess retirement contributions.

5:52 - Gather your tax information.

8:19 - What’s your overall retirement health?

 

Get additional financial information: https://retirementelevatedpodcast.com/

Classic Christmas Characters

What can we learn from characters like Scrooge or George Bailey when it comes to your financial plan? Sean shares how to can have a better approach to your finances in this fun Christmas episode.

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-79-classic-christmas-characters/

 

What we discuss: 

0:34 - Sean has big holiday plans!

1:39 - Are you like Cousin Eddie?

4:10 - Scrooge is a classic stingy guy about money.

7:02 - George Bailey was always stressed.

9:19 - Kevin McCallister had to figure out how to make it on his own.

End of the Year Financial Moves

What should you do before the ball drops on New Year’s Eve? Sean talks through key financial moves to make before the 2021 year ends.

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-78-end-of-the-year-financial-moves/

 

What we discuss: 

1:06 - Is it too late to max out retirement contributions?

2:48 - Have you taken out your RMDs?   

4:04 - Explore tax-loss harvesting possibilities.

5:30 - Are you giving to charity?

6:55 - Will purchases give you a tax credit?

7:49 - Is a Roth conversion right for you?

Financial Half Truths

Is that the whole truth and nothing but the truth? So often we hear these financial concepts but don’t get the full picture of what’s going on and what to look for. Sean shares what you really need to know.

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-77-financial-half-truths/

 

What we discuss: 

0:20 - What are Sean’s and Marc’s favorite holidays?

2:05 - “Don’t worry about those losses.”

5:25 - “The fees are less than one percent.”

7:43 - “Diversification is key.”

Mistakes to Avoid When Choosing a Financial Advisor

Everyone wants to make the best decisions when it comes to their money and their future. In what ways can you avoid making mistakes when choosing a financial advisor?

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-76-mistakes-to-avoid-when-choosing-a-financial-advisor/

 

What we discuss: 

0:26 - Sean’s getting ready for the holidays.

1:43 - How can you avoid making mistakes when looking for an advisor?

4:27 - Bigger is not always better.  

6:58 - Don’t pretend you know, ask questions.

9:17 - Work with the advisor with the right specialty.

Lazy Money

Is it time to put your lazy money to work? On today’s show, we talk about what lazy money is and why you shouldn’t keep too much of it lying around.

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/ep-75-lazy-money/

 

What we discuss: 

1:00 - What is lazy money?

3:09 - Why do people have it?

4:29 - Why is having lazy money dangerous?  

6:43 - How does Sean help?

This One’s On The House

What kind of decisions do you need to make when it comes to your home in retirement? Sean talks through several scenarios people tend to consider when it comes to their house.

 

Read and get additional financial information: https://retirementelevatedpodcast.com/podcast/this-ones-on-the-house/

 

What we discuss: 

0:39 - How’s everything been?

1:28 - Feeling ready to downsize?

4:23 - Should you pay off the house?

6:22 - Thinking about a vacation home?

8:22 - Wondering about moving out of state?

10:20 - What are the perks of a retirement community?

 

Questionable Financial Advisors

What are the questionable kinds of financial advisors you should look out for? On today’s podcast we have a bit of fun as we categorize a few different types of advisors you may want to steer clear of.

 

Read more and get additional financial resources here: https://wp.me/paeqsR-dc 

 

What we discuss on this episode: 

0:40 - What are Sean’s Labor Day plans?

2:40 - The guy with a hammer.

3:49 - The oxygen hog.

5:40 - The car trunk operator.

9:29 - The non-answerer.

Multiple Choice Retirement Quiz

From the next few years and into retirement, what’s scaring you? And what do people wish they had done sooner? We ask Sean several questions to help ease your fears by making a plan.

 

Read more and get additional financial resources here: https://wp.me/paeqsR-d6 

 

What we discuss on this episode: 

1:49 - What scares people about retirement?

3:38 - Which is scarier: inflation, rising taxes, or market volatility?

5:51 - What tax bracket do people find themselves in during retirement?

6:03 - Which tax situation best describes people in retirement?

8:17 - How much money does the average person need saved for retirement?  

9:52 - What do people wish they had more of?  

What Issues Should I Consider Before I Retire?

Let’s go through the retirement checklist to cover all the key issues you should think about before retirement. How prepared are you?

 

Read more and get additional financial resources here: https://wp.me/paeqsR-cY 

 

What we discuss on this episode: 

0:50 - What should we consider before we retire?

2:52 - Are you retiring early?

4:24 - What is the Social Security elimination windfall? 

5:38 - What do you need to know if you’re divorced or widowed?

8:13 - What health insurance issues do you need to cover? 

9:48 - What about dental or vision insurance?

11:03 - What happens to your HSA?

11:32 - What about Medicare?

12:41 - If you’re disabled, what do you need to know?

13:16 - Are you concerned about funding long-term care?  

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