Retirement Elevated Podcast with Sean Lee

Navigating To Safety: How Your Financial Plan Is Like A Lighthouse

Lighthouses are strong, beautiful, and protective towers, just like your financial plan should be. To weather the storms and avoid the potential financial obstacles, we’ll share how financial plans are similar to lighthouses, guiding you to safety.
Don't miss the show notes, which you can find here.
Today's rundown: 
1:55 - Is there a financial lesson to learn from lighthouses?
2:59 - Your financial plan provides safety from obstacles and risk. 
3:39 - Tax planning is one of your biggest obstacles to look out for.
6:05 - Envision a storm’s coming while on a boat and you can’t see where you’re going, but off in the distance you see a lighthouse, a beacon of safety.
8:11 - It’s not the ships (your tools) that get you to the right place, it’s the lighthouse (clearly defined financial plan).

Fish Or Cut Bait – What To Do When You Get Stuck On Financial Decisions

For some people, the biggest problem with their financial planning isn’t that they make the wrong decisions but rather that they fail to make any decision at all. Other people, however, react instantly without giving it much though. Today we'll discuss a few areas that people usually hold people up in the financial decision-making process and then we'll give you ways to move forward.
To read more and to see the show notes, click here. 

8 Provisions From The SECURE Act of 2019

Maybe you’ve heard of it, but do you know how the SECURE Act could impact your retirement plans? Or what about the retirement options offered by your employer? Here are eight of the 29 provisions in the act to keep an eye on.
Full show notes: https://retirementelevatedpodcast.com/podcast/8-provisions-from-the-secure-act-of-2019/

Focus On What You Can Control

Ask yourself, as an investor, what can you control? Starting with acknowledging what you can and cannot control will help you make better decisions and worry less when it comes to your investments.
Full show notes post: https://retirementelevatedpodcast.com/podcast/focus-on-what-you-can-control/
Thing's You'll Learn Along Today's Journey
3:50 What can we control as investors?
The things you can control are how you act and how you plan. Use the plan to help keep you in check.
You also control your timeline in terms of when you will pull your money out of your accounts.
6:37 What about risk?
Sean shares with us some of the best ways to evaluate how much risk is appropriate for your situation
How much risk will you take? That’s something you can decide for yourself.
In order for plans to be successful, you have to commit to your goals.
8:31 Control your panic level
Every investment might need adjustments, but you don’t want to jump around without a strategy. You need room to wiggle in your plan so that you can adapt and evolve.
Look at the things you can control and alleviate the pressure on the things you cannot control. For instance, there’s a possibility that taxes can change in the future, but you can look forward and strategize.
 
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The True Value Of Working With A Financial Advisor

The View From The Pinnacle
Working with a financial advisor can bring incredible value to your portfolio. Looking at a recent Vanguard study, Sean talks us through what an advisor can do and how that helps you in the long run.
Check out the full show notes: https://wp.me/paeqsR-5n

Famous Last Words (You Don’t Want to Say About Retirement!)

“Hey, watch this!” is probably not the last phrase you want to utter in life. Likewise, let’s consider these phrases you often hear in the financial world that you don’t want to be saying in case something goes wrong. Talking through the good and bad will help prepare your mindset and your money for retirement. 
Click here for more in-depth exploration of this topic and a recent blog post: https://retirementelevatedpodcast.com/podcast/famous-last-words-you-dont-want-to-say-about-retirement/

5 Simple Retirement Questions

Some of retirement’s most important questions may seem simple. However, when you consider your options, these questions tend to get complicated. Join us as we unpack five seemingly simple questions about retirement.
Click here for more in-depth exploration of this topic and a recent blog post: https://retirementelevatedpodcast.com/podcast/5-simple-retirement-questions/

When Is It Safe to Retire?

We often get questions on what makes it safe to retire. Is it at a certain age or after you meet a particular dollar amount? To find out when to retire, you have to understand what “safe” means. Once you identify what it is you hope to achieve with your money, you may be closer than you think. Are you ready to retire?
Click here for more in-depth exploration of this topic and a recent blog post: https://retirementelevatedpodcast.com/podcast/when-is-it-safe-to-retire/

5 Financial Pain Points

Everyone faces at least one of these financial pain points in life. While you can’t control everything, you can alleviate your fears by finding clarity through basic planning. Here’s how to tackle five of the main pain points you’re most likely to face.
Click here for more in-depth exploration of this topic and a recent blog post: https://retirementelevatedpodcast.com/podcast/5-financial-pain-points/

Settle The Debate - Right Or Wrong?

In this episode, we’ll examine four hot financial topics and debate the merits of debt, mutual funds, and annuities. You’ll find that everyone has a slightly different opinion on what’s best, but the key is to make informed financial decisions on what is right for you.
Click here for more in-depth exploration of this topic and a recent blog post: https://retirementelevatedpodcast.com/podcast/settle-the-debate-right-or-wrong/